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Re:Hype and plunder: Domo a new low for self-indulgent IPOs by mistersquid on Wednesday June 06, 2018 @10:59AM (#17247660)
Vocabulary question here:

Is this "embezzlement"? I'm not sure because the use of funds were for legitimate services even if they are owned by James and his family.

Is there a different word to describe the siphoning of company funds by directing business to self-affiliated parties? Is this covered by "nepotism"?

(Thanks, in advance, for any clarifications.)

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