7 Example Sentences Showcasing the Meaning of 'Defalcation'
The company's financial records revealed a case of defalcation, causing a significant setback in their annual budget.
The forensic accountant specialized in uncovering instances of defalcation, assisting in legal investigations to recover embezzled funds.
The embezzlement scandal involved a high-ranking official, and the investigation pointed to a systematic defalcation of public funds.
The banking sector implemented strict measures to prevent defalcation and unauthorized access to customer accounts.
The government auditor identified irregularities in the municipal budget, signaling a potential case of defalcation by local officials.
The insurance fraud investigation exposed a network of individuals engaged in defalcation, staging accidents to claim false reimbursements.
The internal audit team uncovered a pattern of defalcation within the organization, leading to the implementation of enhanced financial controls.