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Embezzlement: Destroying Corporations, Individuals, Governments and Churches

By Steven Rodriguez

Embezzlement is defined as “the fraudulent conversion of property of another by a person in lawful possession of that property”. America has had its share of famous embezzlers, including Robert Vesco, who in the 1970’s stole tens of millions after he took over Investors Overseas Services, a struggling mutual fund company. This past September in El Paso, TX a woman created fake social security numbers after she was put in charge of distributing funds to people in need, allowing her to make purchases for herself. Southern California has been no stranger to embezzling, and its affects have damaged or even ruined both the reputations of public institutions, but public trust as well. Take the city of Irvine. There they have a project known as the “Great Park” which is a site purchased from the federal government after a military base was closed down...continue to full post

Full post as published by LA Criminal Defense Blog on February 19, 2008 (boomark / email).