Embezzlement

Embezzlement is the act of dishonestly appropriating assets by one or more individuals to whom such assets have been entrusted. Embezzlement is a kind of financial fraud. The most common types are when an employee steals money from their employer. Oftentimes the employee is in need of the money and takes it to pay for emergencies or the necessities of life all with the intention of replacing the money as soon as they are able to, but they get caught before they can do that. It is still a crime in those situations and in these difficult financial times this crime is becoming more common.

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Embezzlement