{Embezzlement

A crime that takes place when a person purposely withholds or uses assets and monies for a purpose other than for what it is intended

1) Siphoning - This is pocketing money from a register at a store etc. where they have devised a way that the drawer count does not show a discrepancy.

2) Check Kiting-In - Where a person writes a series of deposits and withdrawals from several banks. The drawing and with- drawing of money starts using money that is not real, taking advantage of the “float” which is the amount of time it takes the checks to clear the banks.

3) Kickbacks - This is where people receive gifts for selling or buying particular products from vendors that companies do business with. These products are usually over priced as the seller is also trying to make a profit.

Types of Embezzlement

1) Massive Meatpacking Misappropriation: Victim: Day- Lee Foods, Inc. Amount: $132 Million in 2010 dollars ($85 - $95 million actual) Perpetrator: Yasuyoshi Kato Duration: 6t years (1991-1997)

2) Wells Fargo Float Fraud (or Beverly Hills Bank Blowout II) Victim: Wells Fargo Bank, San Francisco, California Amount: $64 million in 2010 dollars ($21.3 million acrual) Perpetrator: Lloyd Benjamin Lewis

Top Embezzlement Cases in the U.S. History

Explaining exactly what embezzlement is.

Discussing the different types of embezzlement.

Showcasing some of the top embezzlement cases documented in U.S. History.

Discussing some of the punishments of embezzlement.

Are the punishments equal to other crimes?

Main Points of Research Paper

Ephesians 4:28Let him that stole, steal no more: but rather let him labor, working with his hands the thing which is good, that he may have to give to him that needs.

Ethical Aspects