Accounting Irregularities

noun the action of taking something for one's own use, typically without the owner's permission

• The CEO was charged with misappropriation of company funds.
• She got caught for misappropriating money from the charity.
• He's been skimming off the top, engaging in misappropriation left and right.
• His misappropriation of trust led to the downfall of the entire project.

noun a fraudulent scheme in which a person writes a cheque from one bank account with insufficient funds, deposits it into another account, then withdraws the funds before the cheque clears

• Cheque kiting is a form of fraud where a person writes a cheque from one bank account with insufficient funds, then deposits it into another account and withdraws the money before the cheque clears.
• I heard that some people try to get away with cheque kiting by moving money between accounts before the cheques bounce.
• Don't even think about cheque kiting, you'll get caught and end up in serious trouble.
• His financial schemes were like a game of cheque kiting, always trying to stay one step ahead of the consequences.