Which term refers to the theft or improper use of money or property entrusted to someone?

• A. Bribery
• B. Embezzlement
• C. Tax Fraud
• D. Fraud Against Government

Answer: (B)

Embezzlement is the theft or improper use of money or property that someone was entrusted to manage. The crucial element is that the person had lawful access or possession because of their role (such as an employee or officer) and then converts those assets for themselves or for an unauthorized purpose, with intent to defraud. A practical example is a bookkeeper who diverts company funds into a personal account. This differs from mere stealing someone’s property without permission, and it’s also distinct from bribery (giving or taking something of value to influence actions), tax fraud (false statements to evade taxes), or fraud against the government (schemes to obtain money from the government). Only embezzlement centers on misusing assets that were entrusted to the offender.