Charlie, a bank teller, receives a cash deposit of $10,000.00 from a customer. Instead of reporting the deposit, Charlie gives the customer a fake receipt with another teller's name on the receipt and pockets the money. What charge may be filed against Charlie?

Question

Quizplus · Accepted Answer

Embezzlement involves the fraudulent conversion of money or property by someone who has been entrusted with it, such as a bank teller who takes a customer's cash deposit for personal gain instead of reporting it as required by their job duties. Charlie's actions fit the definition of embezzlement, so a charge of embezzlement may be filed against him. Receipt of stolen property, blackmail and extortion do not accurately describe Charlie's behavior.

Charlie, a Bank Teller, Receives a Cash Deposit of $10,000