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- Dictionaryembezzle/ɪmˈbɛzl/
verb
- 1. steal or misappropriate (money placed in one's trust or belonging to the organization for which one works): "she had embezzled £5,600,000 in company funds"
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Aug 20, 2023 · Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them. In this type of fraud, the embezzler attains...
Oct 2, 2023 · Embezzlement is the misappropriation of the assets that were entrusted to someone. Embezzlement is a white-collar crime, meaning that it is typically nonviolent and involves a...
Jul 1, 2024 · Embezzlement, crime generally defined as the fraudulent misappropriation of goods of another by a servant, an agent, or another person to whom possession of the goods has been entrusted. The offense has no single or precise definition. Typically, embezzlement occurs when a person gains possession.
Sep 7, 2023 · He has not been charged but has been linked to a plot to embezzle union conference funds to buy expensive cigars, wines, rounds of golf and stays at exclusive villas.
Oct 2, 2023 · A person acting as an executor, administrator, conservator, guardian, custodian, or trustee. It explains how that trust is bestowed: By virtue of their employment. For a specific purpose. By assignment of the court or a legal will or another legal document.
Apr 24, 2024 · Embezzlement is a white-collar crime where employees withhold or misappropriate funds or assets assigned to them. An embezzler intentionally and unethically uses owners’ funds for personal gain. They falsify receipts and invoices to cover their tracks.
Mar 29, 2024 · To embezzle means to dishonestly appropriate or misappropriate funds, property, or assets entrusted to one's care, typically by someone in a position of trust or responsibility, such as an employee or a fiduciary.
Oct 1, 2023 · Embezzlement Definition & Meaning. Why Embezzlement Occurs. Opportunity: Lack of Surveillance: How Does Embezzlement Affect Businesses? Distorted Economic Standing. Lowered Customer Confidence. Legal Consequences. Operational Disruptions. Erosion of Trust. Loss of Talent. What Are Examples of Embezzlement? Skimming Cash Receipts.
Dec 4, 2023 · The Supreme Court has defined embezzlement as “the fraudulent appropriation of property by a person to whom such property has been entrusted, or into whose hands it has lawfully come.”. Embezzlement is a form of criminal fraud and often involves a breach of fiduciary responsibility.
May 14, 2024 · Embezzlement is a type of white-collar crime that typically takes the form of misappropriation of money or property entrusted to the offender. In most instances, the property taken is in the form of money or legal tender.
