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medvinlaw.com
Virginia Embezzlement Lawyer's Explanation of Law 18.2-111, Penalties and Defenses for Embezzlement Charges
Embezzlement under Virginia law occurs when someone unlawfully takes money or property that was entrusted to them, often within an employer-employee relationship. If the value taken is under $1,000, it is charged as a misdemeanor punishable by up to one year in jail and a $2,500 fine. If the value is $1,000 or more, it is charged as a felony ...
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The embezzlement scandal at St. Leo’s in Lincroft is a devastating example of a breach of fiduciary duty. The former finance director, Joseph Manzi, is accused of stealing over $500,000 in church funds to finance a lavish lifestyle, including sports tickets and a car. This case illustrates the critical legal difference between the criminal prosecution and the civil lawsuit (filed by the church to recover the stolen assets). Abuse of financial trust carries severe consequences: prison time and ma
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