If you are charged with the crime of larceny, it is important that you make yourself aware of the potential consequences that you may face. There is a wide range of larceny charges, mostly dependent on the value of the property stolen.
Petit larceny is the conviction you would receive if the property that you stole was valued at $1,000 or less. If convicted of a petit larceny charge, you may be subject to up to 1 year of imprisonment and fines of up to $1,000. A petit larceny conviction is a Class A misdemeanor.
Grand larceny is the charge administered to an individual who steals property valued at over $1,000. There are several degrees of grand larceny, each one with its own set of penalties and each more severe than the last. Grand larceny in the fourth degree is a class E felony charged when a person steals property that is valued between $1,000 and $3,000. This conviction results in fines up to $5,000 and up to four years in prison.
Grand larceny in the 3rd degree is for stolen property valued between $3,000 and $50,000. This is a Class D felony and may result in up to 7 years of imprisonment.
Grand larceny in the 2nd degree is a Class C felony, which is charged when the stolen property is valued between $50,000 and $1 million. You may face up to 15 years in prison.
The most serious larceny crime is grand larceny in the 1st degree. It is a Class B felony and can result in up to 25 years in prison. This charge is for property that has a value of upwards of $1 million.
If you have been arrested for larceny, retain the services of an experienced criminal defense attorney as soon as possible.
If you are in need of experienced legal counsel in New York State, please contact Grunwald & Seman, P.C. and we would be happy to assist you.
