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EMBEZZLE - The wrongful or willful taking of money or property belonging to someone else after the money or property has lawfully come into the possession or control of the person taking it. >'Lectirc Law Lexicon< (e.g.- If you were hired as a company's bookkeeper and handled the company's funds, and using that trust you stole or mis-used the company's money - then you have committed embezzlement.)
Wiki User
∙ 15y ago
Embezzlement is the act of dishonestly appropriating or secreting assets by someone entrusted with the care of those assets. It typically involves the misappropriation of funds or property for personal use. It is considered a form of white-collar crime.
Wiki User
∙ 7y agoIt means the theft of funds belonging to one's employer or placed in one's trust.
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Is embezzlement a misdemeanor or felony in Indiana?
4-8 months or 44-92 months if the value of embezzlement is less than $100,000 or more than $100,000 respectively. If the value is over $100,000 then you are facing Class Cfelony charges that carry a potential sentence of 44-92 months in prison for a first time offender.
What is an example of a sentence using the word indict?
The grand jury decided to indict the suspect on charges of fraud and embezzlement.
Is Grand Larceny by Embezzlement a Felony?
Yes, grand larceny via embezzlement is typically considered a felony offense. The specific classification and severity of the felony can vary depending on the amount of money or value involved and the laws of the jurisdiction where the crime occurred.
Michigan laws for living trust embezzlement by the trustee?
In Michigan, embezzlement by a trustee of a living trust would likely be considered a breach of fiduciary duty. The trustee has a legal obligation to manage the trust assets for the benefit of the beneficiaries and any misappropriation of trust funds can result in civil or criminal penalties. Beneficiaries can take legal action to recover the misappropriated funds and remove the trustee from their position.
What conclusion did the judge reach concerning Mr.Mrs. Theodorakis?
The judge found Mr. and Mrs. Theodorakis guilty of embezzlement charges due to evidence proving they misappropriated company funds for personal use. As a result, they were sentenced to prison and ordered to pay restitution to the company.
To steal money from your employer is to?
Embezzlement
What rhymes with embezzlement?
There are no perfect rhymes for the word embezzlement.
What are the embezzlement penalties in Washington state?
An embezzlement of that amount would undoubtedly be a 'felony' offense.
What is the definition Of Embezzlement?
The fraudulent appropriation of property by a person to whom it has been intrusted; as, the embezzlement by a clerk of his employer's; embezzlement of public funds by the public officer having them in charge.
What is the meaning of embezzlement?
The fraudulent appropriation of property by a person to whom it has been intrusted; as, the embezzlement by a clerk of his employer's; embezzlement of public funds by the public officer having them in charge.
What is a Formal term for embezzlement of public funds?
The words grand larceny is another term for embezzlement.
Can someone sue a FORMER employee for embezzlement. Why?
Embezzlement is a crime prosecuted by criminal courts. No lawsuit is necessary.
What is a synonym for embezzlement?
Theft
How do you spell emblezzlement?
Embezzlement.
How do you spell embezzelment?
Embezzlement.
How do you spell embesselment?
embezzlement
What do you do if you are a victim of embezzlement?
Embezzlement is a criminal offensee. Report the offense, along with all evidence you can supply, to law enforcement.
