Michigan Laws And Penalties
The charges and penalties a person may face after being convicted of embezzlement in the state of Michigan will greatly depend upon the value of the property in question:
- Property valued at less than $200: When the property in question is valued at under $200, a person will face penalties that can include a fine of up to $500, or 3 times the value of the property, as well as up to 93 days in jail. If the property was found to have been embezzled from a charity organization, however, the fine will increase to $2,000 or up to 1 year in jail.
- Property valued between $200 and $1,000: In embezzlement cases where the property has been valued at between $200 and $1,000, a person may face a fine of up to $2,000 or 3 times the value of the property, as well as 1 year in jail. If prior convictions are to have been found, or the property was taken from a charity organization, a person may face a fine up to $10,000 and/or 5 years in prison.
- Property valued between $1,000 and $20,000: If the property is found to be valued at between $1,000 and $20,000, a person will then face penalties of a fine not exceeding $10,000 as well as up to 5 years in prison. If the person facing charges has prior convictions or the property was taken from a charitable organization, these penalties will raise to a $15,000 fine as well as 10 years in prison.
- Property valued at between $20,000 and $50,000: If the embezzled property is valued at between $20,000 and $50,000 in the state of Michigan, a person will face punishments of a fine of $15,000, or 3 times the value of the property, as well as up to 15 years in prison.
- Property valued at between $50,000 and $100,000: For embezzlement cases with property valued at between $50,000 and $100,000, a person may face fines of up to $25,000 or 3 times the value of the property, whichever is greater, as well as up to 15 years in prison.
- Property valued at $100,000 or more: For extreme Michigan embezzlement cases involving property valued at over $100,000 a person may face a fine of $50,000, or 3 times the value of the property as well as up to 20 years in prison.
Michigan Embezzlement Penalties
In the state of Michigan, a person will face harsher penalties if the value of the property or money embezzled is of a greater amount, and the state has value ranges in which certain charges and penalties will fall under. These ranges include not only monetary embezzling, but the embezzling of personal property as well, and a person can know what charges and penalties they face if they know what their embezzled property is worth.
Those charged with embezzling in the state of Michigan can face either felony or misdemeanor charges depending on the value of the property they embezzled.
Statute Of Limitations On Michigan
The statue of limitations for embezzlement charges in Michigan is 6 years, which means that the crime had to have been committed within 6 years of the defendant being charged. This limitation is put into place for both felony and misdemeanor embezzlement cases, however under tolling provision, the statute does not run during a time when the defendant does not reside within the state.
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