embezzlement (of funds)
The Spanish term 'malversación (de fondos)' translates to 'embezzlement of funds' in English. This terminology is used in the context of unlawful appropriation or theft pertaining to funds that have been entrusted to one's care but are misused for personal purposes. This term is often associated with corporate misconduct and legal consequences.
The mayor is under investigation for embezzlement of public funds.
In this case, the verb 'está' is used in the sentence to indicate an ongoing state or action. Therefore 'malversación de fondos públicas' means the illicit act of taking funds that were entrusted to one's care - typically in a public office, exemplified by the mayor in this sentence.
It is suspected that Mark committed embezzlement in the company.
The verb 'cometió' is in the past tense, indicating that the action has already taken place but isn't ongoing. In this sentence, 'malversación de fondos' refers to the illegal diversion of funds for personal use, suspected to have been committed by Mark in the company.
Embezzlement is a serious crime in most countries.
In this example, 'malversación de fondos' is the subject of the sentence. It is often used to describe an illegal activity where someone wrongfully takes funds that were entrusted to them, usually in a professional setting. Here, the sentence indicates that such an act is considered a serious crime in most countries.