What is the main difference between fraud and embezzlement?

Question

Quizplus · Accepted Answer

The main difference between fraud and embezzlement lies in when the criminal intent was formed. Embezzlement typically involves someone lawfully in possession of funds or property betraying the trust placed in them by unlawfully converting those assets for personal use, with the criminal intent forming after taking possession. Fraud, on the other hand, involves deceit or trickery to gain control of someone else's property, money, or services, with the intent to defraud present from the outset.

What Is the Main Difference Between Fraud and Embezzlement