[Terr_]

> you get to take a tax write-off for the stolen funds.

At least for US federal taxes, that changed with a very partisan ~2017 law, where Republicans stripped it down to only cover federally declared unique disaster situations.

https://en.m.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

[hn_throwaway_99]

Thanks, I was unaware of that change. Note that limit largely just applies to personal property: "For tax years 2018 through 2025, individual taxpayers with theft losses are allowed a deduction if the loss is due to theft related to a transaction entered into for profit.", https://www.irs.gov/taxtopics/tc515#:~:text=For%20tax%20year....

E.g. for financial fraud crimes, you much more than likely would still be able to take the loss.