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Torn financial document revealing 'EMBEZZLEMENT' on a red background, symbolizing hidden fraud.
  • By: Arnold Spencer, Esq.

When you hear about someone who was caught embezzling in the news, it is normally a high-level employee who stole hundreds of thousands or more from an employer or non-profit and carefully covered his tracks for years before getting caught. This leads most people to think of embezzlement as a high-profit and sophisticated criminal scheme. However, the cases that make the news are often outliers. Embezzlement is a more common criminal charge than most people realize, and are frequently prosecuted at the federal level. This may also mean that you were shocked when you…Read More

Handcuffs, gavel, dollars: Legal consequences of theft and embezzlement. Understand the difference.
  • By: Arnold Spencer, Esq.

Theft and embezzlement are two distinct federal offenses, but understanding the difference between them can be difficult. These crimes are closely related, as both involve taking money or property that does not belong to you. Most people think of embezzlement as little more than theft from an employer or an organization you volunteer for, but this is not accurate. It is possible to commit simple theft against the company or organization you are doing paid or unpaid work for. Embezzlement is more complicated than that. To embezzle, you must have had rightful access…Read More