Some people accused of theft crimes choose to plead guilty even though they insist that they did not break the law. A person facing theft charges might assume that going to trial could generate major expenses that they cannot cover.
At first glance, pleading guilty might seem like the most cost-effective solution. However, the financial consequences of a theft conviction may go well beyond what a person initially anticipates. Fighting the charges can actually be the better financial choice.
The courts can impose multiple penalties
After a guilty plea or conviction, the convicted defendant is subject to sentencing. Those who negotiate a plea deal with a prosecutor can often request concessions regarding sentencing. Without a written agreement in place, the sentencing process relies largely on the discretion of the courts.
Both jail time and fines are possible after a theft conviction. The exact penalties depend on the nature of the property and the economic value of the assets. The courts usually also require that the defendant cover court costs, which can significantly increase what they owe due to fines.
Theft offenses tend to have an economic impact on an outside party, which means that the courts have the option of ordering restitution. They can require that the defendant compensate the other party for the economic impact of the theft offense.
All of those direct financial account consequences can add up to far more than defendants initially anticipate. When combined with the chilling effect that a criminal record could have on a career, those costs can create life-altering financial consequences.
Learning more about different criminal defense strategies and the penalties possible after a conviction or guilty plea can help defendants avoid the worst outcomes. Those who rush to plead guilty can face harsh sentences that result in longer-lasting implications than they might initially expect.
