Embezzlement Law Mississippi
Embezzlement is a category of theft in which one tries to take possession of a fund, property, or bond that belongs to another person without their approval.
The embezzlement law of the Mississippi state is crafted in detail to punish such heinous crime and to alert the citizens of the state about such crimes.
What is Embezzlement in Mississippi?
Mississippi Embezzlement laws are different for larceny, theft, shoplifting, and embezzlement. In general, embezzlement is associated with misappropriating funds by a person in the public sector who has been authorized the control and trust over the funds.
Whether the embezzlement was performed in own interest or unintentional will be ruled out while adjudging the case.
What is embezzlement law in Mississippi?
As mentioned earlier, Mississippi embezzlement law has two categories of theft and according to the statutes it is classified under misdemeanor if the property value is less than or equal to $1000 and as a felony if the value is more than $5000.
Embezzlement definition law also includes first-time offenses and repeat offenders. Generally, the most common cases that are included under larceny are:
- Breaking the trust of someone in superior lank
- Identity theft and impersonation
- Extortion/possession of money by forceful means
- Unauthorized use of boats, aircraft, or firearms
- Forging bonds, property papers while acting as custodian
Once someone is accused of embezzlement, the Mississippi police department registers a case, after which evidence is collected and suitable punishment for embezzlement in Mississippi is announced as judgment.
What are the punishments?
The punishments according to the Embezzlement Law Mississippi statutes (Mississippi code; title 97 crimes 97-23-19) are as follows:
- Any person accused of embezzlement of goods, money or property that values around $1000 will be charged with misdemeanor embezzlement and upon conviction can be sentenced to 6 months jail or fined up to $1000.
- The offender is ordered to do community services as well
- If the judgment is challenged and proved wrong, the jail sentence is canceled and the subject needs to pay a fine as stated by the court for attempting embezzlement and perform fixed hours of community service.
- If the value of the property embezzled is amounting to $5000 the accusation is categorized under felony embezzlement and if the charges are proved, he gets around 5 years sentence or $5000 fine or both.
- If the value of the money or property embezzled is around $5000 to $25000 then the accused is categorized under felony embezzlement and can be imprisoned for 10 plus years or fined not more than $25,000 or both.
- If the value of the property embezzled is more than $25,000 then the accused is categorized under felony embezzlement and upon conviction can be jailed for 20 years or fined not more than $25,000 or both.
According to the statutes of Mississippi, embezzlement offenders and their helpers are punished without any bias as all are equal under the eyes of the law. If the person is a repeated offender, the offense is considered major and can be imprisoned for 3 years or fined $2000, or both.
Embezzlement in Mississippi is a serious crime. The first offender and the ones who helped the accused are punished accordingly and criminal records are created against their name. This creates a tough situation for them and their families as they will be banished from society and finding homes to stay and jobs for work becomes difficult.
The state of Mississippi has created harsh laws for embezzlement and larceny so that none of the citizens think about cheating someone else for their lavish living. Defense attorneys need perfect evidence to clear the accused off the case and this will cost a lot of money and time.
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