Embezzlement is a type of financial crime where an individual misappropriates or steals assets entrusted to them, typically in a professional or fiduciary capacity. This crime is often associated with white-collar environments and involves a breach of trust.
Embezzlement occurs when someone who has been given access to money or property for management or safekeeping uses it for their own personal gain. Unlike theft, where the perpetrator takes something they were never authorized to handle, embezzlement involves the misuse of assets that were legally entrusted to the individual
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