embezzlement

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embezzlement,

wrongful use, for one's own selfish ends, of the property of another when that property has been legally entrusted to one. Such an act was not larcenylarceny,
in law, the unlawful taking and carrying away of the property of another, with intent to deprive the owner of its use or to appropriate it to the use of the perpetrator or of someone else.
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 at common law because larceny was committed only when property was acquired by a "felonious taking," i.e., when the act was committed with respect to property that was at the time in the legal possession of the owner. Consequently, unfaithful servants, employees, agents, trustees, or guardians who misappropriated another's property could be sued only in the civil courts, on the grounds that although the defendant had legally come into possession of the property, he had breached his trust by wrongfully misappropriating it to his own use. To remedy this situation statutes were passed in England and the United States that either made embezzlement a distinct crime or enlarged the definition of larceny in such a way as to include all cases of misappropriation of property in the lawful possession of the wrongdoer. In most states of the United States embezzlement is a felonyfelony
, any grave crime, in contrast to a misdemeanor, that is so declared in statute or was so considered in common law. In early English law a felony was a heinous act that canceled the perpetrator's feudal rights and forfeited his lands and goods to the king, thus depriving
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. Under acts of Congress, stealing of letters by postmasters, clerks, and letter carriers is considered embezzlement.
References in periodicals archive ?
The FIR was registered against district officers of Narowal Rao Abdul Rasheed, Sami Ullah, Deputy District Officer (Buildings) Zafarwal Zahid Rasheed, sub engineer Arshad and government contractor Karamatullah for embezzling huge money by using substandard material in the construction work.
The Federal Supreme Court in Abu Dhabi upheld earlier rulings by lower courts that handed down the sentence to the Emirati man after he was found guilty of embezzling public funds.
BEIRUT: The State Security arrested a man suspected of embezzling money from the High Relief Committee, a judicial source told The Daily Star Friday.
The Office of the Special Prosecutor filed three counts of malversation of public funds under the Revised Penal Code against Sabio for allegedly misappropriating or embezzling for his own personal benefit the following cash advances intended for litigation and other related purposes - P250,000, P100,000, and P282,428.
A TRUSTED financial worker at a top legal firm has been jailed for 21 months for embezzling nearly PS180,000.
A Herington man who formerly was secretary-treasurer of a railroad union pleaded guilty Monday to embezzling union funds, according to a news release from U.
The prosecution accused Tsvetanov for large-scale embezzling to the tune of BGN 50 000 from the budget of the Interior Ministry.
We investigated and discovered the defendants were playing the system and embezzling the money for their benefit," an Emirati official at the Finance Ministry said in official records.
A POLICE lieutenant has gone on trial for allegedly embezzling more than BD5,000 from Bahrain's airport customs.
SARGODHA -- Anti-Corruption Establishment police submitted challan in the court against Chief Engineer, Executive Engineer, EDO Works and Contractor for embezzling Rs 30.
A Eugene woman is accused in a lawsuit of embezzling well over $1 million from her longtime employer.
Summary: New York - The American NGO "Teach the Children International" has accused the Polisario mercenaries of embezzling humanitarian aid destined for sahrawis sequestered in Tindouf camps (South-East Algeria).