Main Difference. Fraud and embezzlement are two kind of criminal and immoral activities which are associated with diddling and making illegal use of someone’s trust. In relationship they are closely connected with each others as the basic purpose of both is to gain some personal benefit at the risk of others. read more
Fraud has the intention of hiding the criminal act of stealing, while theft does not. 2. Thieves know they can’t hide the act so they don’t make much effort to hide it, while the fraudster makes an extra effort to hide the act. read more