What recourse is there against an executor who kept estate funds for themselves?

Question Details: A member of my family was the executor of my grandmother's estate, which was settled and everything "signed off" and closed out either 2 or 3 months ago. The executor then cashed in a CD that was legally documented as being for a granddaughter and claims it was for money owed the estate. The executor kept the money for herself. I know this because she told me this herself. Does the granddaughter have any recourse?

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