Embezzlement is a type of theft that occurs when a person who has been entrusted with another’s property fraudulently keeps that property for his or herown personal gain or illegally transfers it to a third party. Embezzlement most frequently occurs when money is entrusted to the care of someone who then misappropriates that money in some way.
Examples of Embezzlement
While embezzlement can occur in countless ways, common examples of embezzlement include the following:
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