Bill hired Dan, a local contractor, to do home renovations. Bill wrote Dan a $5,000 check as a deposit for Dan to begin the work. Two weeks later, Dan told Bill that he needed another $3,000 to purchase materials for the renovation and to hire subcontractors. Dan never started the renovations. Dan is guilty of which crime

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Answer:

He is guilty of embezzlement.

The crime for which Dan would be considered guilty is:

- Embezzlement.

  • "Embezzlement" is denoted as the crime in which an individual 'fraudulently reorganizes property from the owner of the property.'
  • In the given situation, Dan would be considered guilty of embezzlement because he deceitfully took money for the renovation of Bill's home but he never invested money for the purpose.
  • Therefore, his fraudulent act would be considered at that time would be called embezzlement.

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