A federal grand jury in California indicted a woman on 15 counts related to an alleged $3 million embezzlement scheme. The 47-year-old woman was arrested in early November for activities that are believed to have taken place between 2017 and 2019. Unauthorized...
Embezzlement and double-dipping affect practically every industry and type of employer in California. An individual or company can have an entire account wiped out by a professional who defrauds them. Every employer and employee should know the significance of both...
When it comes to the term "embezzlement," people may think about employees stealing from banks or brokerage houses. However, embezzlement could happen in other industries and workplaces, including art galleries. A publicized incident in California raises awareness...
The U.S. Attorney’s Office for the Southern District of California announced that a 50-year-old man has been sentenced to spend six months in a federal prison for embezzling more than $200,000 from the San Diego Zoo. Federal prosecutors say that the man is likely to...
When you think of embezzlement charges, Ponzi schemes or corrupt politicians may immediately come to mind. The truth is, embezzlement is not always a sensational event. Anyone who has control of someone else's property or money and uses it for their own personal gain,...
The tech industry has a large presence in California. Those tech-savvy employees help keep the business competing in the marketplace. Unfortunately, they may be embezzling from the company. BizManualz discusses common embezzlement schemes including those related to...
Embezzlement is the act of misusing funds or property that belong to another person who entrusted them to you. For example, charging a financial advisor for misusing a client’s funds for personal gain would be an embezzlement case. Facing these charges may have...
For accountants in California, daily life often presents a number of challenges. From job-related stressors to financial hardships, many accountants find themselves in a tough position. Some are charged with embezzling funds over actions that were taken to address...
Many California business professionals sit on a board whether of a nonprofit or another business. The entity trusts the professionals sitting on the board to make good use of their funds. When the board does not, a board member may face embezzlement charges. The...
White collar crimes, such as embezzlement, can take many forms. When a person is facing allegations of this specific criminal charge, it can potentially result in serious penalties and time behind bars. Often, embezzlement involves the improper handling of money, but...
