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White collar crimes: Man accused of embezzling over $100,000

A 54-year-old man is reportedly facing numerous felony charges after allegedly embezzling over $100,000 while employed at the University of Wisconsin. Being accused of white collar crimes of this nature can be a stressful and harrowing experience. Those who face similar charges could benefit from speaking with an attorney early in the process for advice on the best course of action with which to proceed.

The university claims the man stole the money over the course of three years while working as a financial specialist in the housing division. Authorities assert the man issued numerous checks to students at the university before signing the checks over to himself and cashing them. In addition, he also stands accused of issuing fraudulent checks to personal acquaintances and stealing physical assets such as televisions from the university.

The university also claims that he used a business credit account for multiple unauthorized purchases. Upon being questioned about the matter, authorities assert the man admitted responsibility for many of the allegations. He stands accused of embezzling more than $110,000 in total, and if convicted, he would face severe consequences that could have a significant impact on his future.

Upon being accused of white collar crimes such as embezzlement, any individual retains the right to seek counsel to respond to the charges. Those who face similar allegations could consider speaking with a defense attorney for advice on how best to approach the situation. An attorney in Wisconsin can help a client gain an understanding of what to expect during the subsequent process and, if a conviction cannot be avoided, assist in pursuing a lesser sentence during legal proceedings.

Source: channel3000.com, "UW-Madison employee accused of bilking more than $100K from department", May 3, 2018

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