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Definition of «embezzlement»

Embezzlement is the act of dishonestly withholding or appropriating assets by an individual in a position of trust, such as a bank employee, lawyer, or corporate officer. It involves misusing funds or property that have been entrusted to one's care for legitimate purposes. Embezzlement can result in criminal charges and severe penalties if convicted.

Usage examples

  1. The company's accountant was accused of embezzlement for diverting funds from the company's accounts into her personal bank account.
  2. The politician was charged with embezzlement after it was discovered that he had been skimming money from the government budget.
  3. The CEO of the large corporation was found guilty of embezzlement when it was revealed that he had been using company funds for personal expenses.
  4. The treasurer of the nonprofit organization was arrested for embezzlement after it was discovered that he had been misusing donation money for his own benefit.
  5. The employee was fired and faced legal consequences for embezzlement after it was uncovered that he had been stealing cash from the register over several months.

Phrases with «embezzlement»

Sentences with «embezzlement»

  • Former New York state Sen. John Sampson was sentenced to five years in prison for obstruction of justice and lying to investigators during a probe of embezzlement of funds from foreclosed properties and a subsequent coverup. (nystateofpolitics.com)
  • Others expressed suspicions that they may have been trying to run out the clock on the statute of limitations for embezzlement charges. (timesunion.com)
  • At the same time, the operators of the businesses are being charged with embezzlement of customer funds. (fxstreet.com)
  • (see all sentences)

See also

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