Kansas City Criminal Defense Lawyers
Who Commits Embezzlement Crimes?

Who Commits Embezzlement Crimes?

White-collar crimes are some of the most elusive offenses. Many people who commit embezzlement go under the radar for years. Researchers have set out to get a better understanding of what type of employee is most likely to commit embezzlement. Let’s look into what they have concluded are some of the traits of an embezzler!

Personality Traits of an Embezzler

Many people who commit embezzlement exhibit the characteristics of an ideal employee.

Traits that embezzlers may exhibit include:

  • Intelligence: intelligent people know what will need to be done in order to ‘successfully’ commit the crime.
  • Curiosity: curious employees ask questions about company practices, giving them extra knowledge about how the company operates and what they will need to consider before committing embezzlement.
  • Risk-takers: an individual who exhibits a lot of risk-taking in their personal life may also be inclined to take risks when it comes to stealing from their company.
  • Ambition: an ambitious employee is never a bad thing. Embezzlers know this and may put extra effort into their work in order to not appear suspicious.

Some embezzlers report that stealing from the company was motivated by revenge, not personal gain. In these instances, they wanted to hurt the company more than they wanted to profit themselves.

Other Interesting Statistics

Hiscox compiled interesting research about embezzlement offenses.

  • 79% of cases involve more than one perpetrator.
  • The average company loss from embezzlement is over $350,000.
  • 31% of embezzlement crimes continued for over 3 years.
  • One-third of embezzlers work in the finance or accounting department.
  • 85% of embezzlement is committed by individuals in manager positions.

Embezzlement Defense Lawyers

If you are being accused of committing embezzlement at your workplace, it is crucial that you reach out to a defense attorney as soon as possible. This is a serious charge that not only comes with the risk of prison time and hefty fines, but can do severe damage to your career and future. At SRC Law Group, we want to help you fight your embezzlement charges. Call us today at (913) 583-0465 to discuss your case with our Kansas white-collar crime lawyers.
 

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