Embezzlement n. the crime of stealing the funds or property of an employer, company or government or misappropriating money or assets held in trust. Legal-Explanations.com Home ...
Embezzlement is the act of dishonestly appropriating or secreting assets, usually financial in nature, by one or more individuals to whom such assets have been entrusted.[1] ...
embezzlement - The fraudulent appropriation by a person to his own use or benefit of property or money entrusted to him by another. eminent domain - The power to take private property for public use by the state and municipalities.
EMBEZZLEMENT, crim. law. The fraudulently removing and secreting of personal property, with which the party has been entrusted, for the purpose of applying it to his own use.
See also: burglary embezzlement larceny robbery The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications ...
As a legal concept, embezzlement has been around since at least the age of Aristotle, who "refers to the embezzlement of funds by road commissioners and other officials".1 ...
An example is embezzlement or securities fraud. Economic Loss Rule The economic loss rule prevents plaintiffs from double-dipping. Many times plaintiffs file an action for breach of contract and also for negligence in performance of the contract.
The same punishment is applicable when not upon active service to a second offence of desertion or fraudulent enlistment (i.e. enlistment by one who already belongs to the service), certain embezzlements of public property, ...
Crimes commonly found in the felony category include murder, kidnapping, armed robbery, embezzlement, rape, treason, fraud, grand theft, arson, racketeering, some instances of drug possession, and the third or fourth O.V.I.
(3) An insurance policy required by a court for the benefit of a trust or an estate. This policy provides insurance protection against the possibility of fraud or embezzlement by a trustee or an executor.
It is the conversion of the money or property to his own personal use that constitutes embezzlement.
If a man accused of embezzling money from his company had made several big-ticket purchases in cash around the time of the alleged embezzlement, that would be circumstantial evidence that he had stolen the money.
The technical word charging felonious appropriation in embezzlement; in larceny the words are "take and carry away". 7.
See also: Embezzle, Person, Law, Property, Crime
 
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