Theft or Embezzlement by Bank Employee is when a bank employee illegally takes customer funds or assets for their own use. This type of crime is considered to be a serious financial offense and is punishable by law. There are several types of Theft or Embezzlement by Bank Employee, including: 1. Misappropriation of Funds: This is when a bank employee illegally uses customer funds for their own personal gain without the customer’s knowledge or authorization. 2. Unauthorized Transactions: This is when a bank employee knowingly enters false or unauthorized transactions into the bank’s computer system, resulting in the misappropriation of customer funds. 3. Loan Fraud: This is when a bank employee knowingly makes false or misleading statements in an application for a loan in order to receive funds for themselves. 4. Check Kiting: This is when a bank employee deposits a check from one account to another in order to artificially increase the account balance and withdraw funds. 5. Money Laundering: This is when a bank employee illegally channels customer funds through a series of transactions in order to hide the source of the money.