What is the difference between civil fraud and embezzlement?

Civil fraud and embezzlement are both types of financial crimes that involve the deliberate misappropriation of funds. Generally speaking, civil fraud occurs when one party knowingly and willfully deceives another in order to gain a financial advantage, while embezzlement involves the exploitation of a position of trust. Civil fraud typically involves misrepresenting the truth in order to induce another into a commercial transaction. Examples may include an individual or business making false statements or claims in order to sell a product or service, or misrepresenting the value of an asset in a sale. Embezzlement is the intentional misappropriation of funds by someone who has been entrusted with those funds. It usually involves taking funds from an employer, a business partner, or a client for personal gain. It often occurs through the use of false records or accounting practices. In Washington, both civil fraud and embezzlement are serious crimes that can have serious financial and legal implications. Civil fraud is typically punished by financial penalties such as a fine or restitution, while embezzlement can result in jail time. Both offenses may also result in civil lawsuits or criminal prosecution.

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What is the difference between civil fraud and embezzlement?

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