Two Los Angeles area men will spend time in prison for embezzlement. One man, from Tarzana, will spend nine years in state prison for his role in a luxury car subleasing and theft scam. His accomplice, from Hollywood, will spend four years in county jail.

According to prosecutors, the men persuaded investors to buy luxury vehicles with the intention of leasing them. Instead of leasing the vehicles, the men sold the cars to unsuspecting buyers, and kept the cash. Some individual investors who provided multiple cars lost as much as $750,000. The buyers never received the titles to the vehicles.

The men stole mostly luxury brands, including Bentleys, Maseratis, Mercedes Benz, Jaguars, BMWs and Rolls Royces. According to prosecutors, the men stole about 40 vehicles before police arrested them. Some of the cars remain missing. The scam operated for about two years, and resulted in the loss of about $3.2M. At the same time, police believe the men pocketed about $4M. Earlier this year, the men pleaded no contest to multiple counts of grand theft auto and grand theft by Embezzlement.

Los Angeles Embezzlement Attorney

Workplace crimes can have lifelong consequences. That’s why you need to have an experienced embezzlement lawyer by your side when you’ve been accused of workplace crimes like embezzlement, fraud or grand theft.

In many embezzlement cases, employees often begin by pilfering small amounts of money and soon get in over their heads. They don’t intend to steal, but they often quickly become enmeshed in a situation they can’t easily get out of. Often, these employees hold a position of trust and have access to money and records, which enable them to take funds entrusted to them.

Robert Helfend is an Experienced Embezzlement Lawyer who practices criminal defense exclusively. He has worked in courtrooms throughout Southern California for 35 years, and provides superior criminal defense services and counsel.

Don’t settle for an inexperienced attorney, and don’t assume that a guilty plea is your best or only option. Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273-5611 for an immediate consultation on your Los Angeles County embezzlement case.

Photo Credit: llee wu, via Flickr.com