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What Is Embezzlement?

By Keith NoonanUpdated Dec 16, 2024 at 1:33 PM

Key Points

  • Embezzlement involves misusing entrusted funds or assets for personal gain.
  • Ponzi schemes, as a form of embezzlement, pay early investors with new investors' money.
  • Embezzlement differs from money laundering, which disguises illegal funds as legitimate.

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