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Firstly:
Stealing, embezzling and consuming people’s wealth unlawfully are all haraam actions, as is well known. Stealing is a major sin because of the stern warning that is narrated concerning it. al-Bukhaari (6783) and Muslim (1687) narrated from Abu Hurayrah (may Allaah be pleased with him) that the Prophet (peace and blessings of Allaah be upon him) said: “May Allaah curse the thief, for he steals an egg and his hand is cut off, or he steals a rope and his hand is cut off.”
And Allaah says (interpretation of the meaning):
“And (as for) the male thief and the female thief, cut off (from the wrist joint) their (right) hands as a recompense for that which they committed, a punishment by way of example from Allaah. And Allaah is All‑Powerful, All‑Wise”
[al-Maa’idah 5:38]
What the one who commits such actions must do is repent to Allaah from that, and return the property to its owners; his repentance is not complete unless he does that, because the Prophet (peace and blessings of Allaah be upon him) said: “Whoever has done some wrong to his brother, let him seek his forgiveness today before there is no dinar or dirham, when if he has some righteous deeds (to his credit), some of his hasanaat (good deeds) will be taken in proportion to his wrongdoing, and if he has no hasanaat some of the sayi’aat (bad deeds) of the one whom he wronged will be taken and added to his burden.”
Narrated by al-Bukhaari (6534).
Secondly:
The one who knows about this man’s situation must advise him and explain to him the abhorrence of his actions, and he should not despair of his repentance and being guided. He should also warn those who have been deceived by him and want to deal with him in business and the like. He should do that on the basis of sincerity and wanting to do good, not on the basis of condemning or putting him down.
With regard to his wife, in addition to the above, she must also beware of consuming the haraam wealth that her husband acquires, because the Prophet (peace and blessings of Allaah be upon him) said: “Every body that is nourished from haraam wealth, the Fire is more befitting for it.” Narrated by al-Tabaraani and Abu Na’eem from Abu Bakr; classed as saheeh by al-Albaani in Saheeh al-Jaami’ no. 4519
If she knows that some of the wealth is stolen or plundered, it is not permissible for her to benefit from it.
We ask Allaah to set our affairs and those of the Muslims straight.
And Allaah knows best.