Misuse of company credit cards may lead to embezzlement charges
Embezzlement typically refers to situations in which employees misuse their employer’s funds. The funds may find their way into covering personal expenses or transfer to another individual, but the basic allegation is that it represents theft from an employer. Many organizations rely upon the convenience afforded by credit cards to cover various expenses. Under certain circumstances, however, those employees entrusted with them might experience the temptation to use them for other than company business. In two separate cases, a Raleigh man and a Beaufort County bookkeeper faced newsworthy employer credit card embezzlement charges. The more notable of the two involved the Raleigh...
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