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What is a grand theft?

What is a Grand Theft?

Definition

Grand theft, also known as grand larceny, is a serious crime that involves the theft of property valued at $950 or more. It is considered a more severe offense than petty theft, which involves the theft of property valued at less than $950.

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Types of Property

Grand theft can involve the theft of various types of property, including:

  • Cash: Currency, checks, and other financial instruments
  • Merchandise: Goods and products sold in stores, online, or through other means
  • Real estate: Land, buildings, and other properties
  • Vehicles: Cars, trucks, motorcycles, and other types of vehicles
  • Valuables: Jewelry, artwork, collectibles, and other items of significant value

Statutory Definitions

Grand theft is defined by statute in each state, and the specific definitions can vary. However, most states follow a similar framework. Here is a general outline of the elements that must be proved to establish grand theft:

  • Intent to permanently deprive: The accused must have intended to keep the property for themselves or to deprive the owner of it permanently
  • Value of property: The property must have a value of $950 or more
  • Unauthorized taking: The accused must have taken the property without the owner’s consent

Examples of Grand Theft

Here are some examples of grand theft:

  • Carjacking: Taking a vehicle from its owner without consent, with the intent to permanently deprive the owner of it
  • Embezzlement: Misappropriating funds or property from an employer or organization, with the intent to permanently deprive them of it
  • Shoplifting: Taking merchandise from a store without paying for it, with the intent to permanently deprive the store of it

Consequences of Grand Theft

Grand theft is a serious crime that can have severe consequences, including:

  • Criminal charges: The accused may face criminal charges, which can result in fines and imprisonment
  • Restitution: The accused may be ordered to pay restitution to the victim(s) for any losses or damages
  • Civil lawsuits: The victim(s) may also bring civil lawsuits against the accused to recover damages and compensation

Defenses to Grand Theft

Here are some common defenses to grand theft:

  • Lack of intent: The accused may argue that they did not intend to permanently deprive the owner of the property
  • Mistake: The accused may argue that they mistakenly believed they had the owner’s consent or that the property was abandoned
  • Duress: The accused may argue that they were forced to commit the theft under threat of harm or violence

Table: Grand Theft Laws by State

StateValue Threshold
California$950
Florida$750
New York$1,000
Texas$2,500
Illinois$500
Ohio$700

Conclusion

In conclusion, grand theft is a serious crime that involves the theft of property valued at $950 or more. It is considered a more severe offense than petty theft and can have severe consequences, including criminal charges, restitution, and civil lawsuits. Accused individuals may use various defenses to challenge the charges, including lack of intent, mistake, and duress. It is essential for individuals to understand the laws and consequences of grand theft to avoid committing this crime and to protect their legal rights.

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