What is larceny?
In New York, and a number of other states, larceny is a term used to refer to the crime of common theft. While robbery and burglary are forms of property theft, larceny is its own separate crime. Petty larceny refers to smaller property thefts with property valued at $1,000 or less and can result in up to one year in jail. Grand larceny, on the other hand, involves the theft of higher value items and can result in anywhere from one to 25 years in prison, depending on the value of the item. Typically, stealing items ranging from $1,000 to $3,000 will result in a 4th degree felony, whereas stealing items worth $1 million or more will result in a 1st degree felony.If you were arrested and charged with larceny, [...]