Sentences with word «embezzlement»

Embezzlement refers to the act of dishonestly taking someone else's money or property that has been entrusted to you for safekeeping or management. It occurs when a person misappropriates or steals funds that have been entrusted to them for their personal gain or use without permission. Full definition
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.
Others expressed suspicions that they may have been trying to run out the clock on the statute of limitations for embezzlement charges.
At the same time, the operators of the businesses are being charged with embezzlement of customer funds.
The woman who committed the largest single case of embezzlement in Erie County history struggled to contain her emotions during her sentencing hearing Tuesday that ended with a term of four to 12 years in prison.
Attorneys from Greene Broillet & Wheeler represented Targus in several malpractice cases against accounting giant KPMG, accusing it of failing to discover a three - year embezzlement scheme by the company's CFO that caused $ 50 million in losses.
Four cryptocurrency executives from top exchanges in the country have been detained over alleged embezzlement charges.
With most embezzlement cases investigation of all the facts, evidence and witness testimonies are part of the resolution, and we work toward successful solutions and reducing the charges.
Russian billionaire with ties to Uber, Virgin Hyperloop One arrested on embezzlement charges.
Arlington Heights officials were ready when it was time to settle the last lawsuit resulting from embezzlement by the village «s former treasurer.
KEY ACHIEVEMENTS • Successfully implemented a new employee training program which resulted in a 25 % increase in efficiency • Managed budget with the outcome that weekly spending decreased by $ 5500, without any effect on bakery items quality • Made a case against and terminated 3 employees involved in embezzlement from the POS system • Introduced fondant cakes and pastries resulting in a 45 % increase in sales
In January, the Financial Services Commission of the nation had hinted that they were indicating exchanges suspected of insider trading, as well as embezzlement of customer funds.
Despite Bitcoin's volatile price swings — and even an alleged embezzlement scandal — some governments and institutions have taken a keen interest in virtual currencies or the technology behind them.
Examples of what constitutes white crimes include embezzlement, insurance fraud, insider trading, mail fraud, money laundering, and securities fraud.
Saudi's Attorney General said in November that the government estimated that «at least $ 100 billion has been misused through systematic corruption and embezzlement over several decades» and said 208 individuals had been arrested as part of the crackdown, with seven released without charge.
Sampson, facing his own legal woes, recently had a pair of embezzlement counts dismissed.
Although this certainly has something to do with the economy, statistics reveal that small businesses like REALTOR ® associations are prime targets for employee embezzlement.
Most crimes of embezzlement involving property valued at $ 950 or less will generally be misdemeanors.
And while Korean officials have reportedly raided three different exchanges as part of a larger embezzlement probe — signaling that regulators have no plans to stop policing the space — other firms are entering the market to capitalize on the interest.
Ukrainian court again postpones ex-PM's tax evasion, embezzlement trial as she refuses to attend, Reuters
When we think about embezzlement we tend to picture wealthy people stealing millions of dollars.
The arrest of two former employees of the Central New York SPCA for allegedly stealing funds from the animal shelter shines a light on the issue of embezzlement at nonprofits.
You have the right to fight the charges against you, and our experienced Chicago embezzlement attorneys can help.
Defenses that may be helpful in your Chicago embezzlement case include:
Embezzlement convictions carry lengthy terms of imprisonment, hefty fines, and requirements to pay back the value of the property you stole.
Back in 2010, Mr. Madden pleaded guilty to wire fraud and embezzlement after looting his firm, Long Island - based Liberty Title Agency and his clients, including Extell Development of $ 2.2 million.
Embezzlement occurs when a person abuses a position of trust for their own gain.
After a recent months - long investigation, Indiana authorities charged an Indiana women with four felony counts of forgery in regards to an elaborate embezzlement scheme.
Incidentally, Lucia, who is charged with investigating embezzlements, says that no one knows how much money is lost to Reno businesses at the hands of embezzlers, but that 75 per cent of the total is directly related to gambling; and that the only way in which the department can help the embezzler and the gambling addict is to sentence them to a lengthy but, hopefully, rehabilitative jail term.
Sampson, for his part, was found guilty of trying to pull strings behind the scenes of a federal court case against Queens businessman Edul Ahmad — an effort to cover the senator's own embezzlement scheme using Ahmad's money, according to the U.S. Department of Justice.
If the man had committed embezzlement — same thing (although you can add in the court system process).
In addition, we also defend against charges of theft and embezzlement along with all other types of white collar crime.
However, the crime of embezzlement does not require the perpetrator to be wealthy or to steal a large sum of money.
• «White Collar crimes,» such as alleged violations of vague federal statutes and administrative rules, and larger embezzlement, fraud, and theft cases.
Three South Korean cryptocurrency exchanges have reportedly been raided by prosecutors suspecting embezzlement of user funds.
The total number of major embezzlement cases fell slightly, down two percent from 2010, but losses were high: $ 750,000 was the average reported loss per firm.
For the sake of keeping up professional appearances, Wolff takes on a job that doesn't involve the mob: He's hired to look for possible embezzlement in an up - and - coming conglomerate that specializes in developing high - tech prostheses.
A relative of City Councilwoman Maria del Carmen Arroyo has also been charged with embezzlement related to a nonprofit group, and nonprofit groups linked to Councilman Larry B. Seabrook have been subpoenaed under similarly shady circumstances.
Mr. Awula was accused by tutors of embezzlement through the violation of procurement procedures.
Fresh documents intercepted by ABC News has revealed that the so called embezzlement of about Ghc500, 000 endowment fund for workers...
Here are a few examples of situations that would be considered embezzlement in Chicago.
Plus: Barbara Hepworth works raise # 2.2 million for school Franz West Private Foundation accused of embezzlement Science Museum reveals plan for new interactive gallery Angela Vettese named director of Arte Fiera and recommended reading: Tate Modern past & present
It is important to act quickly, so call our Los Angeles embezzlement attorneys today to set up a free consultation.
White collar crimes punishable by law include misappropriations as noted above, yet very few lawyers who are disbarred for money embezzlement are also criminally charged.
In a March article, investigative reporter Wayne Barrett noted that William Rapfogel, a close ally of Silver who had pleaded guilty in a social services nonprofit embezzlement scheme, was able to pay the bulk of $ 3 million in restitution through a fund whose donors were shrouded in secrecy.
I was charged with felony embezzlement from my employer.
a b c d e f g h i j k l m n o p q r s t u v w x y z