Up to four years imprisonment and/or fine of up to $5,000 or twice the value stolen to no more than $20,000. Felony. Grand theft, also known as grand larceny, is defined as the intentional taking of property of others in an amount exceeding the state statutory amount. Restitution orders and civil penalties are also imposed. Section 14.72. grand larceny is Class H felony larceny for value over $1,000. The two main types of larceny are grand larceny and petty larceny. One to five years imprisonment and a fine of $1,000 to $10,000 or twice the gain of the theft. Grand larceny refers to theft involving excessive value of property generally $200 – $1000 or more. grand larceny is a: Codes covering grand larceny in California are: Six months to three years in prison with a presumptive sentence of one year. The types of property that qualify as grand or felony theft differs between states, but typically includes automobiles, firearms, or farm animals. What is Grand Larceny? Class D felony for values of $500 to $10,000. Theft can be categorized as grand theft—and therefore deemed a more serious offense —for a variety of reasons. One to 25 years with 1/3 served minimum. Incarceration for up to five years and a fine of up to $5,000. Rather, specific punishments are set based on several different value ranges.The lowest is Theft under $100. Grand larceny definition, larceny in which the value of the goods taken is above a certain legally specified amount. Any person who (i) commits larceny from the person of another of money or other thing of value of $5 or more, (ii) commits simple larceny not from the person of another of goods and chattels of the value of $1,000 or more, or (iii) commits simple larceny not from the person of another of any firearm, regardless … The question of what is grand larceny felony revolves around amounts. What Can Happen To Me If I Am Charged With Grand Larceny In The Third Degree? Do Not Sell My Personal Information. Class D felony theft of $1,000 to $10,000. Sentence of two to eight years, with four years advisory sentence. For example, embezzlement, extortion, receiving stolen property, and unauthorized use of property can all be considered theft. Some states do not have this type of larceny offense. Under grand theft, there also can be burglaries, robberies and larcenies. Class B felony theft of above $60,000. Cent. One to 10 years in state prison and a fine of up to $10,000. : Offenders also incur civil penalties and those with prior convictions see a significant increase in their sentence. Prior convictions are taken into consideration. Imprisonment can range from a few months to twenty years or more, particularly if the larceny theft involved other crimes such as breaking and entering that aggravate the larceny charge. The federal code provides that no person can be tried or punished for any noncapital offense unless they are indicted or information is instituted within five years of the date the offense was committed. 2. Grand theft refers generally to the taking of any property over $250 in value. California Penal Code Section 484 (general theft statute), California Penal Code Section 486 (distinguishing between grand theft and petty theft), California Penal Code Section 487 (grand theft), California Penal Code Section 488 (petty theft), California Penal Code Section 489 (punishments for grand theft), California Penal Code Section 490 (punishments for petty theft). § 18.2-95. Theft by trick, deception, or fraud, including con games, scams. Six to 18 months in prison and a fine of up to $5,000. : West Virginia has different statutes defining grand larceny: If the value is above $1,000, it is classified as “grand larceny”. Ann. Higher values can lead to more serious charges. 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