- What is embezzlement?
- What is not embezzlement?
- Who can investigate embezzlement?
- What should I do if I am victim of embezzlement?
- How can I protect myself from being a victim of embezzlement?
- Where can I find additional information and resources?
|Would you believe that nearly $400 billion dollars is embezzled from companies in the United States annually?|
A person commits embezzlement when they wrongfully take, steal, or use
property belonging to another by virtue of one’s office, trust, or
- A corporate accountant pays off his/her personal credit card with company money, without permission.
- A grocery cashier takes small amounts of money out of his/her cash drawer for personal use.
- A janitor hired to clean a building steals two cases of paper towels, soap, toilet paper, etc.
If the suspect does not have control over the money or property stolen
it would not be embezzlement.
- A corporate accountant, who has no authority to sign checks, forges a check to steal money. He/She should be charged with forgery.
- A grocery cashier takes a sandwich from the store and does not pay for it. This is a larceny and not embezzlement.
- A janitor hired to clean a building steals a laptop. He/She should be charged with larceny.
The Fairfax County Police Department can investigate the crime of
embezzlement if it occurs within the jurisdictional boundaries of Fairfax
County. If the crime occurred outside of Fairfax County, you should
contact that jurisdiction.
- File a report using our online reporting system. A Detective will be assigned to investigate your case.
- Limit the suspected employee’s access to records and documents.
- Take a look at the system you have in place. Does one person have control over the finances? Is anyone auditing that person? Appropriate checks and balances for all systems are recommended.
Look for the signs of embezzlement. Some of them are:
- Unexplained loss of business revenue.
- Employee has exclusive control over company financial records.
- Employee has exclusive control over bank statements.
- Employee has rarely takes a vacation.
- Bill collectors calling in reference to unpaid debts.
- New accounts and vendors that you have never heard of.
- Employees living beyond salary.
- Is resistive to change in policy or company changes.
Code of Virginia – Laws related to Embezzlement
For embezzlement click here.