EMBEZZLEMENT

EMBEZZLEMENT

EMBEZZLEMENT embezzlement, n. The fraudulent taking of personal property with which one has been entrusted, esp. as a fiduciary. ? The criminal intent for embezzlement ¡ª unlike larceny and false pretenses ¡ª arises after taking possession (not before or during the taking). ¡ª Also termed defalcation; peculation. See LARCENY; FALSE PRETENSES. [Cases: Embezzlement 1. C.J.S. …

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