noun
- a person who embezzles or misappropriates funds or property entrusted to their care
Usage: formal; legal
Examples
- The accountant was exposed as a defalcator after auditors discovered missing funds.
- The company's treasurer turned out to be a defalcator who had stolen millions over several years.
- Defalcators often exploit their trusted positions to commit financial crimes.
- The bank prosecuted the defalcator for stealing customer deposits.
- Investors were shocked to learn their financial advisor was a defalcator.