7 Example Sentences Showcasing the Meaning of 'Defalcation'
The company's accountant was caught in a defalcation scheme, embezzling funds meant for employee bonuses.
The nonprofit organization faced a crisis when evidence of defalcation emerged, putting the donations for humanitarian aid at risk.
The court sentenced the treasurer to jail for defalcation, finding him guilty of misusing public funds allocated for community projects.
Investors were shocked by the defalcation within the investment firm, leading to financial losses for those who trusted their funds with the company.
The city government launched an investigation into the defalcation of funds designated for infrastructure development, hindering civic progress.
The bank implemented stricter internal controls after discovering a pattern of defalcation among its employees, safeguarding customers' savings.
The university faced a scandal when a professor was implicated in a defalcation case, misusing research grants for personal expenses.