embezzlement
The Spanish word 'malversación' translates into English as 'embezzlement'. Embezzlement is a term used in law that refers to the act of dishonestly withholding or misappropriating assets, usually financial in nature, by one or more individuals to whom such assets have been entrusted.
Embezzlement is a serious crime.
In this example, the term 'malversación' is used in the context of financial fraud. Embezzlement, or 'malversación de fondos' in Spanish, is a crime committed when someone who is entrusted to manage or monitor someone else’s money steals it for their own personal gain.
He was convicted of embezzlement of public property.
This example shows the usage of 'malversación' within a legal context. In this instance, the individual in the sentence has been found guilty of mishandling public property, leading to punitive consequences.
He is being investigated for asset misappropriation.
This sentence details another instance in which 'malversación' could be applied. Here, 'malversación de activos' refers to the fraudulent redirection of funds or assets for personal use, usually undertaken by someone in a position of trust within a company or organization.