What are the effect of embezzlement

Embezzlement is the theft of funds placed in someones trust usually belonging to that someones employer.

It ultimately depends on how broad your teacher is looking your answer to be. embezzlement has drastic effects on the company which can lead to financial problems, employees being laid off or even bankruptcy if a mass amount of money was stolen. sometimes though embezzlement can cause a ripple effect on society that causes economic problems outside of the business ie workers lives effected after the business closed.