BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them. In this type of fraud, the embezzler attains the assets lawfully and has the right to possess them, but the assets are then used for unintended purposes.

Detailed explanation-2: -An embezzler is one who commits the crime of embezzlement; one who fraudulently appropriates money or property for one’s own use despite being entrusted to take care of it; a peculator.

Detailed explanation-3: -Most embezzlers who work at cash registers and front desks commit this crime. They retain some cash from the clients while purposefully failing to register the transaction in the computer system.

Detailed explanation-4: -Embezzlement refers to a secret withdrawal of money by a person entrusted with management and utilization of funds for business operations. An embezzler takes advantage of the employers’ trust and intentionally misuses company funds and assets for personal gain.

Detailed explanation-5: -Embezzlement is the fraudulent taking of personal property by someone to whom it was entrusted. It is most often associated with the misappropriation of money. Embezzlement can occur regardless of whether the defendant keeps the personal property or transfers it to a third party.