While employed as a brokerage assistant at a company, the client misappropriated approximately $100 million on dozens of occasions, including rent received from tenants, without passing the money on to the victims. The client was charged with embezzlement of embezzlement.
Case issues
1) First, in the case of business embezzlement, settlement with the victim was the first priority. However, in this case, the victim made it clear to the client that the settlement could not proceed unless the client agreed to pay the full amount.
2) In this regard, it was expected that the defendant would have difficulties in terms of pleading guilty and proceeding with the settlement.
3) In addition to that, it was necessary to carefully review and organize the client's plea materials.
Troubleshooting issues
Ongang Law Firm's defense team made every effort to reach a settlement with the victim. However, since it was not possible to reimburse (or recover damages) the full amount stated in the indictment at this time, we came up with a method called 'notarization'.
Our lawyers were able to persuade the victim to pay a lump sum for some of the damages, and notarize the rest of the damages, resulting in an amicable settlement with the victim.
Other than that, as a matter of law, the defendant did not gain any benefit from the crime, and the defendant was also defrauded by a third party. With the help of Ongang Law Firm's defense team, the defendant was sentenced to one year in prison, 2 years of probation and 2 years of probation.
