“I was quite shocked at the scope of the embezzlement,” he said.
Before Crundwell, the largest municipal fraud was also an embezzlement case committed by a woman named Harriette Walters.
The CFO was ousted, along with Ortseifen, who was charged with stock-market manipulation and embezzlement.
He remains serving a three-year sentence for embezzlement that he was convicted on in May.
Long died from a deadly recipe of greed, embezzlement, and paws.
If it ever came to anything like that, which I don't think it will, the charge would be embezzlement or perhaps larceny as bailee.
He may have been a clerk and been condemned for forgery or embezzlement.
Or, again, it may merely indicate that he had no real gift for embezzlement.
Asconius assigns this to the accusation of embezzlement in Africa.
It has never lost a dollar by the fraud or embezzlement of any of its officers or agents.
early 15c., from Anglo-French embesiler "to steal, cause to disappear" (c.1300), from Old French em- (see en- (1)) + besillier "torment, destroy, gouge," of unknown origin. Sense of "to dispose of fraudulently" is first recorded 1580s. Related: Embezzled; embezzling.
The stealing of money entrusted to one's care: “The treasurer of the company embezzled a million dollars.”