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 ?
On Thursday, Dubai Appeals Court upheld a primary judgment which found the lawyer guilty of embezzling the amount.
The court said she created and submitted false reports and documents to disguise embezzling more than $397,000 to pay her personal debts, gambling debts and other personal expenses.
Teo Cheng Kiat had worked for SIA for nearly 25 years and was charged on 4 February for allegedly embezzling funds though hundreds of bank transaction since December 1994.
Judge Calls Kadisha "a Common Thief" for Embezzling Funds for Personal Gain
Dubai A health coordinator has been jailed for six months for forging 9,159 receipts of health card renewals and embezzling more than Dh1.
In January 2013, Morales was sentenced to more than seven years in federal prison for embezzling $2.
Fujairah - A 28-year-old Indian accountant has had his six-month imprisonment term reduced to four months by the Fujairah Appeals Court for embezzling Dh70,000 from his workplace.
Kalmar pled guilty to embezzling PS411,391 by transferring money to dormant accounts before paying it into personal and other accounts between September 2012 and February last year.
A POLICE lieutenant has gone on trial for allegedly embezzling more than BD5,000 from Bahrain's airport customs.
Abu Dhabi Criminal Court issued the sentence to the Egyptian man, in his absence, after he was found guilty of forging official documents and embezzling money from the department of foreign scholarships at the Ministry of Higher Education in Abu Dhabi where he worked.
The 59-year-old former president was convicted last year at the Taipei district court of embezzling state funds, laundering money, accepting bribes and committing forgery and was sentenced to life.
The Dubai Criminal Court today granted the request for bail of the former chief executive of a real estate developer charged with embezzling more than Dh98 million and taking bribes in an ongoing corruption case.