Larceny is a property crime that involves someone taking possession of someone else’s property without their consent. Depending on the severity of the crime, larceny can be classified as “petty” or “grand”. In Connecticut, any form of theft falls under the larceny umbrella, from theft of property and shoplifting to extortion and embezzlement. It’s important to differentiate between larceny crimes that are considered “petty” and those that are “grand”, which varies depending on the state and jurisdiction.
Want to know more about the various degrees of theft and larceny? Get in touch with the leading larceny bail bond service in Connecticut for all your inquiries. In this article, we’ll take an in-depth look at what constitutes grand larceny.
What is the difference between petty and grand larceny?
The state and its regulatory system determine which crime constitutes a less or more severe property crime. Grand larceny is an offense that involves stealing property, money, or items of higher value. On the other hand, petty larceny is a less serious offense, often classified as a misdemeanor. The value varies from state to state but is usually over $500-$1000. Accordingly, the punishment differs from jurisdiction to jurisdiction, with grand larceny typically classified as a minor felony, punishable by a jail sentence of up to three years or a fine.
How much money is considered grand larceny?
In Connecticut, larceny is defined as the wrongful taking or withholding of someone else’s property. From extortion to embezzlement, larceny is a broad spectrum of property crime. Under the law in Connecticut, larceny offenses are classified based on the value and type of stolen property or services. There are six degrees of larceny:
- Sixth-degree larceny: When the theft of property or services involved is valued at $500 or less, the offense constitutes larceny in the sixth degree, which is a class C misdemeanor.
- Fifth-degree larceny: If the theft is valued at more than $500 but less than $1,000, this qualifies as larceny in the fifth degree, a class B misdemeanor.
- Fourth-degree larceny: When the value of property stolen is between $1,000 and $2000, the crime is classified as larceny in the fourth degree, a class A misdemeanor.
- Third-degree larceny: Theft that involves property valued at more than $2,000 but less than $10,000, this is considered third-degree larceny, a class D felony.
- Second-degree larceny: When the theft of property and services is valued at more than $10,000 but less than $20,000, is taken directly from a person, by embezzlement, or obtained through false promise or pretense, it is classified as second-degree larceny, a class C felony.
- First-degree larceny: A person who has committed first-degree larceny faces a class B felony. It involves crimes such as extortion, stealing property value of $20,000 or more, and theft of public property valued at more than $2,000.
How long do you go to jail for grand larceny?
Depending on the individual circumstance of the case, larceny may be charged as a misdemeanor or felony. Like all crimes, a felony holds more severe punishment. In Connecticut, the degree of crime will determine the penalty for the crime, in accordance with the severity and value of the property or services:
- Sixth-degree larceny: A class C misdemeanor carries a maximum three-month jail term and a $500 fine.
- Fifth-degree larceny: An individual convicted of a class B misdemeanor faces six months of jail time and a fine up to $1,000.
- Fourth-degree larceny: Punishment for a class A misdemeanor is a maximum jail term of one year and a fine of no more than $2,000.
- Third-degree larceny: A class D felony, it is punishable by a jail sentence up to five years’ incarceration and a $5,000 fine.
- Second-degree larceny: Second-degree larceny, a class C felony carries a sentence of imprisonment from one to 10 years and a fine up to $10,000.
- First-degree larceny: The highest degree in terms of severity and value of the crime, it is punishable by one to 20 years in prison and up to a $15,000 fine.
Searching for reputable larceny bail bond service in Connecticut? Reach out today
At BailCo Bail Bonds Manchester, we aim to deliver our clients in New Haven County and across the state of Connecticut with efficient and dependable bail bond services. We boast a team of dedicated and experienced bondsmen and women renowned for their quick response and commitment. We are available 24/7, whether you’ve been arrested for theft or simply have questions regarding the various types of larceny. Get in touch today!