User:Kvandev1/Political corruption
Embezzlement is the theft of entrusted funds. It is political when it involves public money taken by a public official for use by anyone not specified by the public. Methods of embezzlement differ. Ponzi schemes are an example of embezzlement. Some embezzlers “skim off the top” so that they continually acquire a small amount over a particular time interval. This method reduces the likelihood of being caught. On the other hand, some embezzlers steal a very large amount of goods or funds in a single instance and then disappear. Sometimes company managers underreport income to their supervisors and keep the difference. A common type of embezzlement is that of personal use of entrusted government resources; for example, when an official assigns public employees to renovate his own house.[1]
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[edit]- ^ "embezzlement". LII / Legal Information Institute. Retrieved 2022-12-13.