Category: Embezzlement

Under Pennsylvania law, embezzlement is one type of financial fraud that involves the unauthorized taking or use of another person’s property or money with the intent of depriving that person on either a temporary or permanent basis. Many crimes involving financial fraud and embezzlement are prosecuted…

Embezzlement occurs when a person entrusts their property to another person, but the person in possession then unlawfully converts the ownership rights with the intent to defraud the true owner. Poor or improper accounting is one of the main factors in most embezzlement cases. An example…