What is considered embezzlement?

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Embezzlement is defined as the act of theft or misappropriation of funds placed in the trust of someone, such as funds that belong to an employer. In essence, when a person entrusts their property to another person, but the person in possession of the property unlawfully converts the ownership rights with the intent to defraud the true owner, they are embezzling the person who trusted them with that property.

An example of this is an employee who is allowed access to a certain amount of the company’s money. Although such a person has lawful possession of the funds, if they were to move the funds to another account for their own personal use, it could be considered embezzlement.

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