Embezzlement

Embezzlement is a crime that often involves high-level executives or financial employees within a company. These individuals already have access to the business’s funds, and embezzlement occurs when they misappropriate those funds for personal gain. With that in mind,...

Embezzlement and theft are similar in many ways. They both involve a person taking financial assets for themselves. The victim of that theft may be a company or a corporation. But the big difference between the two is that embezzlement is often defined as “fraudulent...

When it comes to financial crime, the terms embezzlement and theft are often used interchangeably. This can lead to confusion in legal discussions and everyday conversations. Understanding the distinctions between these two offenses is crucial for anyone charged with...

The crime of embezzlement is defined by the United States Supreme Court as "the fraudulent appropriation of property by a person to whom such property has been entrusted, or into whose hands it has lawfully come." It is often compared to the crime of larceny. Unlike...

Many companies have checks and balances in place to regularly review their financial books. It may raise their suspicions that there is some kind of fraud going on if things don't appear to add up. When an employer starts to suspect financial misdealings, it's very...

There is a new victim of identity fraud every two seconds, according to data compiled by Javelin Strategy & Research. The findings from their 2015 Identity Fraud Study indicate that $16 billion was stolen from U.S. consumers in 2014.The numbers continue to grow,...