Class 1 misdemeanor – 0 to 1 year in jail and/or fine up to $2,500; OR

Unclassified felony – 0 to 20 years in jail and/or fine up to $2,500.

Embezzlement is the stealing of money or other goods by an employee from their employer (or someone in a position of trust through their employment). It can be either a felony or misdemeanor depending on the amount taken. If the value of the amount taken is less than $500, then the charge is misdemeanor embezzlement. If the value is equal to or greater than $500, the it is treated as a felony and punished as grand larceny, with a potential jail sentence of 0 to 20 years.

§ 18.2-111. Embezzlement deemed larceny; indictment.
If any person wrongfully and fraudulently use, dispose of, conceal or embezzle any money, bill, note, check, order, draft, bond, receipt, bill of lading or any other personal property, tangible or intangible, which he shall have received for another or for his employer, principal or bailor, or by virtue of his office, trust, or employment, or which shall have been entrusted or delivered to him by another or by any court, corporation or company, he shall be guilty of embezzlement. Proof of embezzlement shall be sufficient to sustain the charge of larceny. Any person convicted hereunder shall be deemed guilty of larceny and may be indicted as for larceny and upon conviction shall be punished as provided in § 18.2-95 or § 18.2-96.