GITNUX MARKETDATA REPORT 2024

Statistics About The Average Jail Time For Embezzlement

The average jail time for embezzlement is approximately 4-6 years.

Last Updated: June 18, 2024

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In the following blog post, we will examine a comprehensive overview of the average jail time imposed for embezzlement offenses in various states across the United States. This analysis includes specific statistics on minimum and maximum prison sentences, average punishment durations, and notable trends in sentencing practices for individuals convicted of embezzlement crimes. Let’s dive into the data to gain a deeper understanding of the judicial outcomes associated with embezzlement cases in different jurisdictions.

Statistic 1

"The minimum sentence for federal embezzlement convictions is one year in prison."

Statistic 2

"The maximum penalty for embezzlement under Federal law is 30 years in prison."

Statistic 3

"The average prison sentence for embezzlement cases in 2019 was 27 months."

Statistic 4

"In California, for embezzlements involving amounts higher than $950, the average punishment is 16 months, 2 years, or 3 years in jail."

Statistic 5

"70% of people convicted of embezzlement in 2016 were sentenced to some form of incarceration."

Statistic 6

"In Michigan, embezzlement involving more than $100,000 can result in a prison term of up to 20 years."

Statistic 7

"If the value of the property embezzled in Virginia is $500 or more, the culprit could face up to 20 years in prison."

Statistic 8

"In Washington state, a person found guilty of first-degree embezzlement could potentially receive a 10-year prison sentence."

Statistic 9

"In Florida, the maximum prison sentence for embezzlement can vary from 5 years for third-degree felonies to 30 years for first-degree felonies."

Statistic 10

"In Texas, embezzlement of property valued between $150,000 and $300,000 can lead to a 10-year jail term."

Statistic 11

"In Alabama, the highest classification of embezzlement "Class B Felony" could lead to a 20-year prison sentence."

Statistic 12

"In Colorado, the prison term for a Class 3 felony embezzlement charge can range from 4 to 12 years."

Statistic 13

"In Missouri, the maximum sentence for Class B felony embezzlement is 15 years."

Statistic 14

"For high value embezzlements (over $1 million), the average sentence was nearly 5 years in 2016."

Statistic 15

"Among offenders convicted of embezzlement between 2013 to 2016, 96.7 percent were sentenced to imprisonment."

Statistic 16

"In Georgia, embezzlement of a sum greater than $25,000 can lead to a prison term of 2 to 20 years."

Statistic 17

"In Illinois, for embezzlements of property valued above $500,000, the punishment is a Class 1 felony which could lead to 15 years in prison."

Statistic 18

"In Wisconsin, theft of property exceeding $100,000 is a Class F felony, punishment for which can extend to up to 12.5 years in prison."

Statistic 19

"For large-scale embezzlement of over $1 million, sentences from 50 to 150 months were most common in 2019."

The statistics on embezzlement sentences reveal a wide range of punishment severity across different states and jurisdictions. While some states have minimum sentences as low as one year, others have maximum penalties reaching up to 30 years in prison. The average prison sentence for embezzlement cases typically falls around 2-3 years, but this can vary significantly based on the amount embezzled and the state laws. It is evident that embezzlement is taken seriously by the legal system, with the majority of convicted individuals facing some form of incarceration. For high-value embezzlements, the sentences are notably harsher, with offenders facing up to 15 years or more in prison. These statistics underscore the importance of strict enforcement and consequences for those engaging in embezzlement activities.