ALERT

[NEED LEGAL HELP?] Call our 24/7 Helpline: 1-866-723-4855

Embezzlement

Definition - What does Embezzlement mean?

The term embezzlement refers to the stealing of property or money (funds) of a company, employer, or government. It also means misrepresentation of assets, funds, or property which is held by a party due to trust.

Justipedia explains Embezzlement

Under common law, embezzlement was not recognized as a crime. Since the crime is seen differently under different jurisdiction, the punishment for the crime also varies. It can be imprisonment, fine, or even both. This is a crime that is commonly seen under the umbrella of "white collar crimes."

Connect with us

Justipedia on Linkedin
Justipedia on Linkedin
Tweat cdn.justipedia.com
"Justipedia" on Twitter


'@justipedia_com'
Sign up for Justipedia's Free Newsletter!

Find a Lawyer