Mark was an employee in a financial services firm. Although he was paid an average salary, he bought a luxury car with money borrowed from a loan shark. The loan shark threatened to kill him if he did not repay the money within three months. Intimidated by the threat, Mark embezzled funds from his company. Which of the following crimes did Mark commit?

Question

Quizplus · Accepted Answer

Mark committed a white-collar crime by embezzling funds from his company, which involves deceit and is typically committed by individuals in professional positions for financial gain.

Mark Was an Employee in a Financial Services Firm