Embezzlement Definition And Consequences

Summary

Embezzlement is the act of misappropriating funds entrusted to an individual by their employer. It is considered a criminal offense and can lead to serious legal consequences, including fines and imprisonment. If you are facing such a situation, it is advisable to consult with a criminal defense attorney to understand your rights and potential defenses.

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When a person mishandles money it is referred to as what?
When a person mishandles money, it is generally referred to as "embezzlement". This involves the theft or misappropriation of funds placed in one's trust or belonging to one's employer.
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