The best replacement for embezzlement is larceny.

The best alternatives to embezzlement are rated as following:
★★★★★  larceny
★★★  theft
★★★  misappropriation
★★  stealing
★  fraud
★  conversion
★  laundering
★  grand larceny
  defalcation
  grand theft
  larceny by trick
  secretion

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Google Trends

Scale is based on the average worldwide traffic of embezzlement in all years. Click on graph for more.
embezzlement
larceny
theft