There are no perfect rhymes for the word embezzlement.
The words grand larceny is another term for embezzlement.
A nicer word for theft is embezzlement.
I think you might be looking for the word 'embezzlement.'
embezzlement
It is called theft or embezzlement when someone steals money from another person.
Embezzlement
An embezzlement of that amount would undoubtedly be a 'felony' offense.
The term that applies to the embezzlement of money held in trust is "trust theft" or "fiduciary theft." This refers to the illegal act of misappropriating funds or assets that have been entrusted to someone's care, such as a trustee or executor. Trust theft typically involves a breach of fiduciary duty and is considered a serious financial crime.
To add the suffix -ment to the root "embezzle," you would simply combine the two to form the word "embezzlement." This term refers to the act of embezzling or dishonestly appropriating funds for personal use.
The fraudulent appropriation of property by a person to whom it has been intrusted; as, the embezzlement by a clerk of his employer's; embezzlement of public funds by the public officer having them in charge.
The fraudulent appropriation of property by a person to whom it has been intrusted; as, the embezzlement by a clerk of his employer's; embezzlement of public funds by the public officer having them in charge.