Theft and embezzlement are often charged by the state as opposed to the federal government. Similar conduct could be charged by the federal government as mail, wire, or honest services fraud. White collar theft and embezzlement typically occur when an employee steals from his/her employer, a false claim is made to an insurance company, or false invoices are prepared and submitted for payment. Some complicated theft-based schemes involve the use of shell corporations and overseas monetary transactions.
- All 54 felony counts dismissed against business owner accused of conspiring to deprive product supplier of millions of dollars.