Larceny involves unlawfully taking and carrying away personal property. Petit larceny refers to low-value theft, commonly seen in retail. Grand larceny involves high-value property theft, like motor vehicles. Embezzlement is a specific type of larceny involving entrusted funds
Embezzlement is a white-collar crime where employees misuse company funds. Trust between employer and employee is crucial for successful embezzlement. Fraudsters create counterfeit documents to cover their tracks