This previous summer season, 4 members of the Farris household from Silt were detained for theft and embezzlement from Waffle Home CEO Joe Rogers, Jr.’s Bear Wallow Cattle ranch in Garfield County.
Charla and Charles “Zane” Farris were jailed in June “in connection with a long series of thefts that detectives state overall in the numerous countless dollars, potentially more than $1 million.”
In 2012, the Farris found out that the Waffle Home CEO and his spouse were intending on offering the cattle ranch where they had worked as accountant and cattle ranch supervisor for over 25 years. Even though the Farris wasn’t going to be released by the cattle ranch, they supposedly began embezzling cash, animals, and devices from Bear Wallow into their own cattle ranch.
The Farris’ children, Tyler and Dustin Farris, who both formerly operated at Bear Wallow, turned themselves into authorities in July after the Garfield County Constable’s Workplace released warrants for their arrest on felony theft charges.
Although the Farris household is being implicated of embezzlement, they have been charged with theft offenses. This is because here in Colorado 2 various laws cover the criminal offense of embezzlement, and depending upon whom the cash was taken from, you might be charged with either theft or embezzlement.
What Is Embezzlement According to Colorado Law?
Embezzlement is specified as “the deceitful taking of residential or commercial property by somebody to whom it was turned over.” Embezzlement is typically connected with the misappropriation of cash, and despite whether you keep the cash on your own or move it to another celebration, you can still be implicated of embezzling.
While embezzlement is theft, it is thought about a clerical criminal offense since for embezzlement to happen, the individual dedicating the theft needs to hold a position of trust or authority over the residential or commercial property.
When it comes to the Farris, they were utilized as an accountant and cattle ranch supervisor, which provided a position of trust and authority over Bear Wallow’s possessions. If the Farris had been utilized in lower positions where they weren’t delegated with the cattle ranch’s possessions or had not been utilized by the cattle ranch at all, they would not be implicated of embezzlement.
Comprehending Colorado Embezzlement Charges
In our state, you are charged in a different way depending upon whether you embezzle public or personal residential or commercial property.
Embezzlement of Personal Property
If you are implicated of embezzling personal property, you will be charged with theft. The particular theft offense will be figured out based upon the worth of the taken residential or commercial property:
- Under $50: Class 1 petty offense punishable by as much as 6 months in prison.
- $ 50-$ 300: Class 3 misdemeanor punishable by as much as 6 months in prison.
- $ 300-$ 750: Class 2 misdemeanor punishable by 3 months to one year in prison.
- $ 750-$ 2,000: Class 1 misdemeanor punishable by 6 to 18 months in prison.
- $ 2,000-$ 5,000: Class 6 felony punishable by one year to 18 months in jail.
- $ 5,000-$ 20,000: Class 5 felony punishable by one to 3 years in jail.
- $ 20,000-$ 100,000: Class 4 felony punishable by 2 to 6 years in jail.
- $ 100,000-$ 1 million: Class 3 felony punishable by 4 to 12 years in jail.
- Over $1 million: Class 2 felony punishable by 8 to 24 years in jail.
The Farris were implicated of embezzling from the Waffle Home CEO’s cattle ranch, which is personal property. For this factor, all 4 members of the Farris household were charged with theft.
Charla and Charles Farris were both charged with felony theft in between $100,000 and $1 million, in addition to other charges associated with computer system criminal offenses and filing an incorrect income tax return. They deal with up to 12 years in jail as well as a fine of $3,000 to $750,000 if founded guilty.
Tyler and Dustin Farris were both charged with felony theft in between $5,000 and $20,000. They deal with up to 3 years in jail and a fine of $1,000 to $100,000 if founded guilty.
Embezzlement of Public Residential Or Commercial Property
If you are implicated of embezzling public home, you will be charged with embezzlement of public residential or commercial property.
As a public servant, if you legally or unlawfully come into ownership of any public cash or residential or commercial property that is the residential or commercial property of the state and you intentionally transform that public cash or residential or commercial property for your usage or any usage besides what it was licensed for, you are guilty of embezzlement of public home.
Embezzlement of public home is a class 5 felony punishable one to 3 years in jail and a fine of $1,000 to $100,000.
In addition to this criminal charge, you will never be permitted to be a member of the basic assembly of this state or hold any workplace of trust or revenue in this state.
Battle Colorado Embezzlement Charges Today
Embezzlement is taken seriously in our state, and if you are being implicated of this criminal offense, you ought to take it seriously, too. Connect to a knowledgeable Colorado embezzlement legal representative today to fight your charges and defend your rights.
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