Embezzlement is distinguished from fraud on the basis of:
A) whether the act occurred against an organization or an individual.
B) the number of actors "working the scheme."
C) the dollar value of what was taken and the absence of a weapon in perpetrating the criminal act.
D) when the criminal intent was formed and whether a serious breach of trust has taken place.

Question

Quizplus · Accepted Answer

Embezzlement is specifically characterized by a serious breach of trust, where the perpetrator had legal access to the property but then misappropriated it for their own use. This distinguishes it from fraud, which involves deception to gain control of someone else's property and does not necessarily involve a breach of trust or pre-existing access to the property.

Embezzlement Is Distinguished from Fraud on the Basis Of