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Print Form INTERNAL AUDIT OFFICE FRAUD REPORT FORM Date: Which of the following classifications best represents the alleged misuse, fraud, or abuse? Embezzlement, misuse of funds, assets Cash kickbacks,
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A former information technology worker at N.C. Central University is accused of embezzling nearly $900,000 from the university. Kenya M. Ward, 44, of Durham, is charged with one count of embezzlement of state property. She no longer works for NCCU, the university said Friday.
Under North Carolina Criminal Law Chapter 14-90, the crime of embezzlement occurs when an individual, in a fiduciary capacity, rightfully receives property in his or her role (in the fiduciary capacity) and then intentionally, fraudulently and dishonestly uses it for some purpose other than that for which it was
Embezzlers might create bills and receipts for activities that did not occur and then use the money paid for personal expenses. Ponzi schemes are an example of embezzlement. Others include destroying employee records or pocketing company cash. Businesses lost approximately $400 billion each year to theft.
Embezzlement is a felony in North Carolina. If a person is convicted, they will be sentenced under one of two different classes of punishment. If the property taken is $100,000 or more, then it is a Class C felony. Thus, the punishment carries a mandatory active sentence.
If the value of the money, funds, securities, or other property is one hundred thousand dollars ($100,000) or more, the person is guilty of a Class C felony. If the value of the money, funds, securities, or other property is less than one hundred thousand dollars ($100,000), the person is guilty of a Class F felony.
You could be sentenced to prison for 13 to 16 months. Class C felony. Your sentence could include 58 to 73 months in prison.

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NCCU embezzlement refers to the act of misappropriating funds or assets belonging to North Carolina Central University.
NCCU embezzlement cases are typically reported and filed by the university administration or relevant authorities.
To fill out a NCCU embezzlement report, detailed information about the incident, individuals involved, and any supporting evidence should be provided.
The purpose of NCCU embezzlement cases is to identify and hold accountable individuals who have unlawfully misappropriated funds or assets belonging to the university.
The information that must be reported on an NCCU embezzlement report includes details about the incident, individuals involved, any witnesses, and supporting evidence.
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