You searched for: “malversation
malversation (s) (noun), malversations (pl)
Misconduct or bad behavior in public office or corruption in an administration: A malversation may include any of a number of misdeeds, whether criminal or merely unethical: such as, bribery, mishandling of funds, embezzlement, extortion, etc.

The possibilities of malversations can take place in many situations, both privately and publicly.

Fraudulent tricks or misbehavior.
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Evil conduct or corruption and etortion.
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Word Entries at Get Words: “malversation
Bad behavior or improper conduct; especially, misbehavior in public office. (2)