Is Embezzlement A Felony? Everything You Need In California, embezzlement is a serious criminal offense and can lead to heavy fines or prison time. Embezzlement is defined as the act of wrongfully appropriating funds that have been entrusted to you, but belong to someone else. It is a form of white-collar crime that is often committed by individuals in positions of trust, such as employees or financial advisors. Choosing Wallin…
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