Alison v. United States
In Alison v. United States, 344 U.S. 167, 73 S.Ct. 191, 97 L.Ed. 186 (1952), the Supreme Court noted that a theft loss is not sustained when embezzlement takes place because "(o)ne whose funds have been embezzled may pursue the wrongdoer and recover his property wholly or in part." Id. at 170.