Embezzlement refers to an unlawful action that involves the stealing of money from the legitimate earnings of another individual. Depending on the nature of the offense, the guilty can be punished with a hefty sentence and/or public exposure in the form of the prosecution or a court proceeding.
Embezzlement can either be committed by committing illegal practices as well as stealing the money from the company's account, client or from one's own side. For instance, there are some who steal by pushing other people off. They do not mind if it means they can use someone else's credit card to pay for groceries or clothes. These are known as 'hot potato' frauds and are usually charged to the victim as a criminal offense.
Embezzlement can also be committed by committing a more complicated crime such as identity theft. This involves the illegal access of the personal information of the victim in order to obtain the victim's personal assets. After this is done, the perpetrators will use this information to commit crimes such as tax evasion. In order to avoid being charged for embezzlement, the offenders will typically try to cover their tracks through the use of fake documents. A government investigation can be conducted upon investigation of the activity of the suspect, if the official investigation reveals that the suspect did commit the crime.
Embezzlement has become a common crime, which involves financial institutions and financial transactions. There are certain times when embezzlement becomes a necessity, such as if one is employed by a company that sells insurance and manages the proceeds. In this case, embezzlement would be the act of stealing money from the company in order to pay for personal needs, such as for gambling, personal expenses, extra money to use for food or for other purposes. A lot of times, embezzlement can also refer to the gross overpayment of payroll taxes to the government.
Embezzlement is a criminal offense which is considered a financial crime. The law was enacted to protect from it being swept under the rug or ignored by the company's owners. An embezzlement conviction may cause an offender to go to jail for an extended period of time or may result in a substantial fine.
Embezzlement paper topics have a specific field or subfield, which includes the following: embezzlement at work, embezzlement in business, embezzlement in civil cases, embezzlement in investigations, embezzlement at the government, embezzlement in the courts, embezzlement in fraud, embezzlement of public funds, embezzlement of private funds, etc. There are several different types of embezzlement. Many of these are common to any company or any field.
Embezzlement at work is actually defined as any scheme or method used to deprive an employer of their salary or wages without their consent. An embezzler could be an employee, a manager, a supervisor, a business partner, a distributor, a salesman, a banker, a public official, etc.
Embezzlement at the workplace involves activities such as stealing, embezzling, deception, misrepresentation, etc. Embezzlers could be anyone that was authorized to handle confidential or important information that they could take as their own.