Embezzlement
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Embezzlement
Embezzlement is a type of financial crime, usually involving theft of money from a business or employer. It often involves a trusted individual taking advantage of their position to steal funds or assets, most commonly over a period of time.
Data Source : Wikipedia
- Related Topics: Embezzlement Category, Bank Secrecy Act - The Bank Secrecy Act Of 1970, Also Known As The Currency And Foreign Transactions Reporting Act, Is A U.s. Law Requiring Financial Institutions In The United States To Assist U.s. Government Agencies In Detecting And Preventing Money Laundering., Charles Ponzi - Charles Ponzi Was An Italian Charlatan And Con Artist Who Operated In The United States And Canada. His Aliases Included Charles Ponci, Carlo, Benny Broncko And Charles P. Bianchi. Born In Lugo, Italy, He Became Known In The Early 1920S As A Swindler In North America For His Money-Making Scheme., Confiscation - Confiscation Is A Legal Form Of Seizure By A Government Or Other Public Authority. The Word Is Also Used, Popularly, Of Spoliation Under Legal Forms, Or Of Any Seizure Of Property As Punishment Or In Enforcement Of The Law., Currency Transaction Report - A Currency Transaction Report Is A Report That U.s. Financial Institutions Are Required To File With The Financial Crimes Enforcement Network For Each Deposit, Withdrawal, Exchange Of Currency, Or Other Payment Or Transfer, By, Through, Or To The Financial Institution Which Involves A Transaction..., Customer Identification Program - A Customer Identification Program Is A United States Requirement, Where Financial Institutions Need To Verify The Identity Of Individuals Wishing To Conduct Financial Transactions With Them And Is A Provision Of The Usa Patriot Act., Defalcation - In Financial And Legal Usage, Defalcation May Involve Misappropriation Of Funds By A Person Entrusted With Their Charge; Also, The Act Of Misappropriation, Or An Instance Thereof. A Common Example Of Defalcation Would Be Skimming., Property Crimes, Financial Crimes, Commercial Crimes, Theft, Fraud, Crimes
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