Misconduct By Corporate Official

New Jersey Defense Attorney For Misconduct By Corporate Official Charges

Misusing corporate funds, defrauding shareholders or other directors, or using a corporation to further a criminal project are all illegal in New Jersey.

Under N.J.S.A. 2C:21-9, Misconduct By Corporate Official, corporate directors are held to a higher standard than others, and the penalties for violations of this law are immense.

When the benefit derived from such misconduct exceeds $75,000, you’ll be charged with a crime of the second degree and can go to prison for five to ten years.

That may seem like a high bar, but here’s the kicker: if the benefit derived from Misconduct By Corporate Official is between just $1,000 and $75,000, you can be found guilty of a crime of the third degree, with a three to five year prison sentence on offer for conviction.

Even below that threshold, the charge is an indictable offense, comparable to a felony in other states.

If you’re convicted of violating 2C:21-9 as a crime of the fourth degree, you can still face 18 months in prison and fines of $10,000.

Fighting Corporate Official Misconduct Charges In NJ

If you’ve been charged with Misconduct By Corporate Official in NJ, seek legal help right away.

These are serious charges with serious consequences, and you have to fight back to protect yourself.

Call Matthew Reisig at 732-385-3339 for a free consultation with an experienced New Jersey criminal defense attorney today.

Criminal Attorney Helps Those With Misconduct by Corporate Official (N.J.S.A. 2C:21-9) Charges

When a director or officer of a corporation faces allegations of fraud that affect the financial well being of the company, they may be charged with Misconduct by Corporate Official (N.J.S.A. 2C:21-9).

Conduct that can trigger prosecution includes operating the business in furtherance of a criminal object, and financial or stock activities made on behalf of the corporation that are in violation of the law.

Charges under N.J.S.A. 2C:21-9 are graded according to the value of the fraud.

If the benefit is less than $1,000, the charge is a fourth degree crime, with a possible 18 month sentence and $10,000 in fines.

If the benefit is between $1,000 and $75,000, the charge is a third degree crime, with a sentence of 3-5 years and a $15,000 fine.

Amounts over $75,000 are a second degree crime, with a sentence of up to 10 years and a $150,000 fine if convicted.

Defense in these cases often hinges on intent. For many overworked business owners, mistakes are made or bookkeeping is sloppy, but there was no intent to defraud the company.

A proper defense is necessary to protect you and your business.

If you need help with Misconduct by Corporate Official charges, call Matthew Reisig today at 732-625-9661 for a free consultation with an experienced New Jersey criminal defense attorney.