Larceny is wrongfully taking or withholding another’s property with the intent to permanently deprive the owner of that property. As opposed to the more general term theft, larceny most involve personal property as opposed to more intangible property such as intellectual property. The crime of larceny is defined in the NY Penal code section 155.
Larceny can be either a felony or misdemeanor depending on the value of what was stolen. In general, Grand Larceny is a felony while Petit Larceny is a misdemeanor. Grand Larceny can be charged when the value of the property stolen is $1,000 or more. In contrast, Petit Larceny is charged when the value is less than $1,000. Even within the categories of Grand Larceny, there are different charges or degrees that vary with the value of the stolen property. These different degrees have corresponding sentencing guidelines. In any case, all charges of Grand Larceny are punishable by at least 6 months in prison.
Whether your charge is grand larceny or petty larceny, the experienced attorneys of The Blanch Law Firm can help. If you have been charged with larceny, contact the Blanch Law Firm immediately at 646-797-4790.