Which federal statute prohibits the embezzlement or misappropriation by bank employees?

The correct choice focuses on 18 USC 656, which specifically addresses the crimes of embezzlement and misappropriation by bank employees. This statute makes it a federal offense for individuals performing duties at financial institutions to divert funds or resources for personal gain. The law is aimed at protecting the integrity of banking operations and safeguarding customers' deposits by penalizing those who breach the trust placed in them by their employers.

The language of 18 USC 656 provides a clear outline of the offenses covered under this statute, emphasizing the wrongdoing by bank employees who are in a position of trust. This statute is particularly relevant to the context of banking and the fiduciary responsibilities that come with such roles. By defining embezzlement and misappropriation in the context of bank employees, it ensures that the accountability of financial professionals is emphasized, which is crucial for maintaining public confidence in the banking system.

The other statutes mentioned address different types of offenses. While they pertain to theft and fraud, they do not specifically target bank employees' actions as 18 USC 656 does. Some address broader theft of government property or fraud definitions but lack the specific emphasis on banking and fiduciary misconduct.