Criminal Lawyer For Misapplication Of Entrusted Property And Property Of Government Or Financial Institution (N.J.S.A. 2C:21-15)
Those who maintain fiduciary relationships on behalf of corporations, and who take unnecessary risks with client money or property, or with money or property that is held for the benefit of the government or a financial institution, are breaking the law in New Jersey.
Under N.J.S.A. 2C:21-15, Misapplication of Entrusted Property and Property of Government or Financial Institution, you can be charged with a crime for this conduct, and potentially face years in prison if convicted.
Your charges will be graded according to the amount lost, or the benefit derived for you.
If the amount is less than $1,000, you’ll face charges at the fourth degree level, and risk 18 months in jail and a $10,000 fine.
If the amount is less than $75,000, you’ll be charged at the third degree level and face 3-5 years in prison and a $15,000 fine.
If the amount is more than $75,000, your second degree charges could result in 5-10 years in prison and $150,000 fine.
You’ll also be subject to restitution payments, and a criminal record as a result of the conviction.
Don’t risk your future when facing charges of improper disposition of money or property.
If you need help with Misapplication Of Entrusted Property And Property Of Government Or Financial Institution charges, call Matthew Reisig today at 732-625-9661 and talk to an experienced New Jersey criminal defense attorney for free.