Closely related to larceny, Embezzlement occurs when someone is placed in a position of trust and wrongfully takes, steals or uses property belonging to another. Should this be the case, they may be committing an offense of Embezzlement. Positions of trust include, but are not limited to, an office being held or simply your employment.
Examples of Embezzlement include:
- A cashier takes a portion of the sales for themselves
- The treasurer of an organization takes a portion of proceeds received at an event
- An employee uses a company credit card without permission to purchase gifts