What is felony cinversion,what type of attorny do I need,Whats the maximum punishment & what class felony is conversion?

Felony = criminal charge. Get a criminal defense attorney. The crime of conversion in NC is generally taking the property of another and "converting" it into your own property without paying the owner or getting his permission. When the value of the property is $400 or more the offense is a felony. I would guess you were charged under North Carolina General Statutes 14-168.1. The way you describe the oral agreement sounds unusual. Typically the purchase you describe would be made by a contract, and the seller would go to small claims court if he felt he wasn't getting his money in time. Criminal charges usually carry some additional element - e.g. you were trying to take advantage of the transaction. Talk to a criminal lawyer who has a business law or white collar crimes practice and see what he/she says. Good luck.

Conversion of more than $400 in value is a class H felony in North Carolina, for which a person could receive up to 30 months in prison (worst case, level 6 criminal history). Generally, a person found guilty of this offense with little to no record would be placed on probation. Since you are being charged with a felony, you definitely need to seek the services of a criminal defense attorney. Your fact pattern gives rise to a number of issues your attorney will need to flesh out in order to properly represent you. There should generally be a written lease or lease with option to buy contract that is the basis for your agreement with your prior employer. It is that document that will substantiate the duties and obligations of the parties (you and the employer) and will establish whether or not you are in default or have violated the agreement. Such a document would also provide the remedies available to the employer. It would appear from your question that such a document does not exist, which would make it much more likely that an attorney could negotiate a favorable outcome of this case with the payment of any monies due to the prior employer or with some form of payment plan. Just because the amount is over $400, which makes the charge a felony, there is also a good chance if you are guilty of something that this could be resolved by mediation j(with no conviction) or a reduction to a misdemeanor. Defnitely consult and retain an attorney.