4 ms·
> One minor clarification: "lent" should be "stole" Not a lawyer, but I think the correct term is "embezzled". > The crime of embezzlement is defined as the f
by superfrank 4y ago
> One minor clarification: "lent" should be "stole"
Not a lawyer, but I think the correct term is "embezzled".
> The crime of embezzlement is defined as the fraudulent appropriation of property of another by someone who has been entrusted with its possession. Unlike theft where the property is taken unlawfully, in embezzlement the property comes lawfully into the possession of the embezzler who then fraudulently or unlawfully appropriates it. The key aspect of embezzlement is the fiduciary relationship that exists between the embezzler and the victim of the embezzlement as embezzlement requires that the property be appropriated by a person who was entrusted with its possession. A senior executive who uses company funds to pay for his personal yacht is guilty of embezzlement even if he intended to return the funds or had the means to do so.
Source: https://www.bayarea-attorney.com/CM/Articles/Theft-Offenses-Larceny-.asp https://www.bayarea-attorney.com/CM/Articles/Theft-Offenses-...
- hn_throwaway_99 4y agoAgreed that this is embezzlement, but in all the definitions I've seen (including plain old Webster's), embezzlement is a form of theft, e.g. https://ryanbeasleylaw.com/2019/07/theft-embezzlement-and-fraud-whats-the-difference/ https://ryanbeasleylaw.com/2019/07/theft-embezzlement-and-fr...
- superfrank 4y agoTrue. That's fair