Does misappropriation of maintenance funds by developers constitute a crime?

According to the query method, it is illegal and criminal to misappropriate the maintenance fund. If the misappropriated housing maintenance funds reach a certain amount and the misappropriated funds are not returned, the embezzler will constitute a criminal offence and be punished according to the crime of misappropriating funds. Employees of companies, enterprises or other units who, by taking advantage of their positions, misappropriate the funds of their own units for personal use or lend them to others, and the amount is relatively large and has not been paid back for more than three months, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention.