Peculatus: The Legal Concept of Embezzlement and Misappropriation

Definition & Meaning

Peculatus is a legal term derived from Latin, referring to the crime of stealing or embezzling public funds. This offense involves the misappropriation of public property, which can be committed by a public official or a private individual. Those found guilty of peculatus are referred to as peculators. The term originates from "pecus," which signifies movable property and historically represented wealth.

Table of content

Real-world examples

Here are a couple of examples of abatement:

Example 1: A city treasurer who diverts funds meant for public projects into their personal account is committing peculatus.

Example 2: A government contractor who overbills for services and pockets the excess funds is also engaging in this offense. (hypothetical example)

State-by-state differences

Examples of state differences (not exhaustive):

State Peculatus Definition Penalties
California Defined under embezzlement laws with specific statutes. Up to 3 years in prison and fines.
New York Similar to California, with additional provisions for public officials. Up to 15 years in prison depending on the amount embezzled.
Texas Defined under theft laws, with a focus on public property. Varies based on the value, up to life imprisonment for large sums.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Key Differences
Peculatus Theft of public funds or property. Specifically involves public officials or functionaries.
Embezzlement Theft of funds placed in one's trust. Can involve private individuals, not limited to public officials.
Theft Taking someone else's property without permission. Broader category that encompasses various types of theft.

What to do if this term applies to you

If you believe you are involved in a situation related to peculatus, it is crucial to seek legal advice promptly. Document all relevant information and consider utilizing legal templates from US Legal Forms to help you navigate the process. If the situation is complex, consult a legal professional for tailored guidance.

Quick facts

  • Typical penalties include imprisonment and fines.
  • Jurisdiction typically falls under criminal law.
  • Involves public officials or functionaries.
  • Can result in civil and criminal charges.

Key takeaways

Frequently asked questions

Peculatus refers to the crime of stealing or embezzling public funds.