As the firm did not maintain any regular audits, the clerk's defalcations remained undetected for a long time. |
|
The investigation of some recent cases of defalcations has put the fear of a criminal investigation in their minds. |
|
He was aware or ought to have been aware of such defalcations. |
|
The business man may insure against dishonesty of his employees, defalcations of people to whom he has extended credit, and losses due to raised or forged cheques. |
|