In this case, protection is also extended to investors whose securities may have been lost, improperly hypothecated, misappropriated, never purchased, or even stolen.
en.wikipedia.org Although he won the original lawsuit, it was discovered he misappropriated the bail bond funds and therefore was charged for embezzlement.
en.wikipedia.org He exposed student officials who misappropriated student fees to buy champagne, lobsters, and cigars.
en.wikipedia.org He was formally accused of misappropriating official documents, indicted, tried, and convicted, and fled into exile, where he died.
en.wikipedia.org