Crimes: embezzlement; embezzlement from vulnerable adults and the estates of vulnerable adults; provide penalties and steps for property recovery. Amends sec. 174a of 1931 PA 328 (MCL 750.174a).

This bill updates Michigan's laws regarding embezzlement from vulnerable adults and their estates by clarifying that fraud committed while a person is alive and continued after their death counts as a single continuous offense. It establishes specific penalties based on the value of the stolen property, ranging from misdemeanors for amounts under $1,000 to felonies punishable by up to 20 years in prison for amounts exceeding $100,000. The legislation also allows courts to combine the value of multiple thefts occurring within a 12-month period or against a single individual to determine the appropriate charge severity. Additionally, the bill requires prosecutors to explicitly list prior convictions when seeking enhanced sentences and protects financial institutions and their employees from liability when acting within the normal course of business.