Comprehensive Lapping Defense
Lapping happens when an employee steals money by diverting one payment from a customer and then conceals the theft by diverting cash from another customer to offset the receivables from the first customer. This type of fraud is essentially new payments being used to pay old debts. In the books, no receivable appears to be very old. If this is an offense that you have been accused of, you need a Minneapolis embezzlement defense lawyer representing you. Jennifer Speas has the knowledge and experience to protect your rights and fight for your future.
Fighting Charges With Facts
Jennifer Speas looks at all the facts in the case to determine what measures need to be taken in your defense. Sometimes, the facts show that the case has no merit and the charges can be dismissed. Other times, the charges can be reduced. Even if there is merit to the charges, it is important to have a defense lawyer who can protect your rights and fight for the best outcome.
This is a highly involved crime, as lapping is not an act that is easily engaged in by just one employee. Many times, there are multiple employees involved. When that’s the case, it can be a matter of being in the wrong place at the wrong time or simply doing what you’re told by a superior.
Nonetheless, for lapping to be successful, there has to be at least one person involved every day. This is why a person refusing to take vacation time that they have earned is considered suspicious. Usually, a periodic review of cash receipts and other records can identify lapping.
Act Now To Protect Your Future
It is best to not sit back and accept the charges. Doing so can result in being dealt the most serious penalties. When you effectively fight for the best outcome, you increase your chances of receiving it. This could be reduced charges or the charges could be dismissed depending on the facts and other details in the case.
Contact A Minneapolis Embezzlement Defense Lawyer
Lapping is a serious form of embezzlement that can have very harsh penalties. If you or a loved one has been accused of lapping, it is imperative that you seek the representation of an experienced white collar crimes attorney who can develop the defense strategy you need to move forward with your life. To learn more, call the Speas Law Firm, P.A., at 612-333-6160 to request an initial consultation.