Albert (Al) lived in a small town and worked at the single bank located there. Frustrated by the knowledge that customers rarely check their bank receipts or reconcile their accounts, Al decided to teach the folks in his town a lesson. When a customer came to the bank to withdraw some money from the bank, he would take extra funds out of their account and pocket it. He originally was planning on restoring the money to the accounts, but after gathering up several hundred dollars, Al decided to keep the money. He then starts to do this regularly and accumulates thousands of dollars from customer accounts, and he never returns any of the money. Has Al committed a crime?

Question

Lutz

Social Studies

26 April, 02:14

Albert (Al) lived in a small town and worked at the single bank located there. Frustrated by the knowledge that customers rarely check their bank receipts or reconcile their accounts, Al decided to teach the folks in his town a lesson. When a customer came to the bank to withdraw some money from the bank, he would take extra funds out of their account and pocket it. He originally was planning on restoring the money to the accounts, but after gathering up several hundred dollars, Al decided to keep the money. He then starts to do this regularly and accumulates thousands of dollars from customer accounts, and he never returns any of the money. Has Al committed a crime?

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Answers (1)

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Terrance Mcconnell · Answer 1

Answer:Yes he has commited a crime of embezzlement

Explanation:

What does embezzlement mean?

When someone is entrusted with some funds or other material that they are supposed to look after and take care of but instead of taking care of those funds they steal from them or misappropriate them that is embezzlement.

For example stealing from your employer is embezzlement.

People put their funds in the bank and entrust it to everyone who works there hoping that if anything was amiss they will be notified however if those people start to take from these funds without the consent of the people who kept their money there that is embezzlement.