1. Defalcation requires a showing of conscious behavior or extreme recklessness.2. Many title insurers have their own " defalcation units ". 3. He was suspected of defalcation of money and royal jewels. 4. When the Breslin Treasury Defalcation became public, Gibson was forced to resign. 5. Defalcation occurs when a debtor commits a bad act while acting in a fiduciary capacity.6. Defalcation , for example, applies when a debtor is acting in a fiduciary capacity.7. He charged mismanagement of state government by Democrats, citing Tate's defalcation as evidence. 8. The classic example of defalcation is when a trustee recklessly invests trust funds and loses the money. 9. The " total defalcations amounted to ?83 ", of which he had paid back more than half. 10. The treasury investigated the alum works, finding it remarkably costly in pensions, defalcations , repairs and other payments.
