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Cape Gazette: Biden applauds legislative approval of tougher penalties for embezzlement
A bill that increases penalties for property crimes has won legislative approval and now heads to Gov. Jack Markell for his signature. House Bill 185 changes penalties to more accurately reflect the consequences of losing large amounts of money for defrauded organizations, which are often non-profits and governments. The legislation was drafted by Attorney General Beau Biden’s office and was introduced by Rep. Larry Mitchell.
“When organizations are hit by an embezzler, especially one who steals a great deal of money, it can take years to remedy the damage,” said Biden. “And when the target organization is a government or a non-profit, the theft extends to the taxpayers and charitable donors who support it.”