Company Cars, Personal Use of Corporate Cards, Embezzlement and Breach of Trust
Using a corporate card for personal purposes is a criminal offense. Because the card is issued in the name of the company (the corporation) and is being used for private ends, anyone can be prosecuted regardless of their rank. And if a large amount, rather than a trivial one, is charged to a corporate card, an actual prison sentence may even be handed down. The difference between embezzlement and breach of trust. Many people mistakenly believe that using a corporate card for personal purposes amounts to embezzlement. In reality, however, using a corporate card privately constitutes breach of trust. Both embezzlement and breach of trust cause damage to property and can be understood as acts that betray a position of trust. The two, however, are defined with different subjects and objects. In embezzlement the object is property (a physical thing), whereas in breach of trust the object is a financial benefit. Embezzlement applies where a person entrusted with another's property embezzles it or refus..