http://public.findlaw.com

, May. 11, 2008

Embezzlement

Embezzlement is defined in most states as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings.

For example, while working as a bank manager, Dan alters customer deposit receipts and account information, then siphons bank money into his own pocket.