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Grand Larceny
Grand Larceny
Grand larceny is the theft of another persons property with the intent of depriving the owner of their property permanently. In the US, grand larceny is considered the theft of property that has a value of over $200-$500 (amount varies by state).
Larceny may be committed through trespass or asportation. Larceny through trespass involves crimes that violate lawful possession. An example of larceny through trespass is when a person finds another persons property and they know who the rightful owner is, but do return the owners property. The law cannot convict a person of larceny through trespass unless there is proof that the person had knowledge of the propertys owner. Larceny through asportation involves crimes that involve physical movement of property. If property is not moved, then larceny by asportation does not exist.
Grand Larceny is classified as a felony. If convicted of grand larceny, an offender will be punished with jail time, monetary fines, or both. Usually, first time grand larceny offenders face up to 12 months jails time and/or a fine of $2,500.
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