embezzle

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Embezzle

To steal funds placed under one's responsibility. For example, a trustee has a fiduciary responsibility to use the funds in a trust for the beneficiary and for no other purpose. If he pockets some of the funds instead, he commits embezzlement. This crime can result in significant jail time, depending on the amount stolen. See also: White collar crime.

embezzle

To take illegally something of value being held in custody for someone else.
References in periodicals archive ?
* Intelligence/curiosity: Embezzlers are often eager to know office procedures so they can manipulate the process for their own gain.
Specifically, the court recognizes the unfairness of allowing the embezzler to keep money it stole from the company and could order the embezzler to pay back the company.
Here are a few ways you can protect your business from would-be embezzlers:
An attorney can suggest various remedies, such as seizing the embezzler's assets or making a claim against the bank for payment of forged endorsements.
The embezzler built the elaborate mansion as a direct consequence of his participation within a vital, thriving economic system, even if his mode of participation was illicit.
WHAT do you make of Lanarkshire embezzler David Marshall who says he blew pounds 2million on the horses?
The New York Times and The Washington Post "almost instantaneously transformed" Little Rock judge and bogus businessman David Hale "from a recalcitrant embezzler into a credible source."
US 1072, in which it was held that an embezzler could not claim a net operating loss deduction for repayment of embezzled funds, as embezzlement was not a "trade or business" for Sec.
I rate each one on Harvard's 1 (future Nobel laureate) to 6 (potential embezzler) scale, choosing numbers (usually 2s or 3s) to describe their academic, extra-curricular, personal, and overall qualities.
Three of a Kind (1943) contained the short novels Sinful Woman, Double Indemnity, and The Embezzler. His books continued to appear after World War II--among them The Butterfly (1947), The Moth (1948), The Root of His Evil (1954), The Magician's Wife (1965), and Rainbow's End (1975)--but none approached the success of his earlier works.
The embezzler. There is no such person as an average embezzler.