CHAPTER 31—EMBEZZLEMENT AND THEFT “EMBEZZLEMENT ” Definition: According to Black’s Law Dictionary, “embezzlement, n. The fraudulent taking of personal property with which one has been entrusted, esp. as a fiduciary. • The criminal intent for embezzlement — unlike larceny and false pretenses – arises after taking possession (not before or during the taking). — Also … Continue reading EMBEZZLEMENT, Black’s Law Dictionary Definition: