Criminal Defense Lawyer in Louisiana Explains Embezzlement Laws, Legal Claims, and How to Seek Compensation
Understanding Embezzlement Laws in Louisiana 🏛️ Embezzlement is a serious white-collar crime in Louisiana, involving the fraudulent taking of property or funds entrusted to an individual. Unlike theft, where someone unlawfully takes another’s property, embezzlement occurs when someone in a position of trust—such as an employee or financial advisor—misappropriates assets for personal gain. Key Elements of Embezzlement in Louisiana ⚖️ For a crime to be classified as embezzlement, prosecutors must prove the following elements: ✔️ Entrustment – The accused legally possessed or controlled the property due to their role or position. ✔️ Fraudulent Intent – There was an intention to deprive the rightful owner of their assets. ✔️ Conversion – The property was misused, transferred, or stolen for unauthorized purposes. The law applies to a broad range of scenarios, from employees skimming cash from company accounts to financial professionals diverting client funds. Legal Penalties for...