A former Oklahoma casino worker has been indicted by a federal grand jury after being accused of embezzling more than $150,000 from the casino where she worked as a cashier. Kimberly Dawn Logsdon, 39, of Anadarko, has been charged with embezzling from the Silver Buffalo Casino, owned by the Apache Tribe of Oklahoma. Logsdon worked for the casino from July 2007 until she was fired in December 2008. During that time, prosecutors say, Logsdon double-counted winning cash-out vouchers and used the duplicate vouchers to take money for herself.Embezzlement is the fraudulent conversion of money or property belonging to another by a person to whom it was entrusted. Generally, this means an employee with access to a company's or organization's money or accountstakes or misappropriates that money for personal use. Embezzlement is a white collar crime that can be prosecuted as either a state or federal offense, depending on the specific nature of the crime. It may be charged as either a misdemeanor or felony as determined by the value of the embezzled funds or property.As an Oklahoma white collar crime, embezzlement of money or property valued at $500 or less is a misdemeanor punishable upon conviction by a fine of up to $1,000 and a maximum of one year in jail. For amounts greater than $500 but less than $1,000 the punishment is a sentence of up to one year in jail; a fine of up to $5,000; and restitution to the victim. Embezzlement of $1,000 or more is prosecuted as a felony:
- $1000 or more but less than $25,000 - a fine of up to $5,ooo; up to five years in prison; and restitution
- $25,000 or more - a fine of up to $10,000; up to ten years in prison; and restitution
Embezzlement from government agencies is a federal offense defined by the United States Criminal Code:18 USC § 641 - Public money, property, or records
Whoever embezzles, steals, purloins, or knowingly converts to his use or the use of another, or without authority, sells, conveys or disposes of any record, voucher, money, or thing of value of the United States or of any department or agency thereof, or any property made or being made under contract for the United States or any department or agency thereof; or
Whoever receives, conceals, or retains the same with intent to convert it to his use or gain, knowing it to have been embezzled, stolen, purloined or converted�
Shall be fined under this title or imprisoned not more than ten years, or both; but if the value of such property in the aggregate, combining amounts from all the counts for which the defendant is convicted in a single case, does not exceed the sum of $1,000, he shall be fined under this title or imprisoned not more than one year, or both.
The word "value" means face, par, or market value, or cost price, either wholesale or retail, whichever is greater.
Though the prison sentence associated with conviction of embezzling $25,000 or more is the same under both federal and state sentencing guidelines, the fine for a federal offense is much greater--up to $250,o00 for the federal felony. For those facing federal prosecution, it is important to find a white collar defense lawyer who is experienced at representing defendants in federal court. To find a federal white collar crimes lawyer in Oklahoma.