The chief distinction between the theft crimes of$$larceny $($theft by unlawful taking$)$ and embezzlement $($theft by failure to make required disposition$)$ is that in:

$$larceny$,$ the property is obtained by threats or by putting in fear.

embezzlement, the critical factor is the initial unlawful taking.

larceny, the manner of acquiring possession of the property is insignificant.

embezzlement, the property lawfully comes into the possession of the taker but is fraudulently or unlawfully appropriated by him or her.