You may or may not be aware, but many changes to Virginia law are coming into effect starting on July 1, 2020. This includes many important updates when it comes to the crime of felony grand larceny. Keep reading to learn more about what is considered felony grand larceny in Virginia, and how this law is changing in 2020.
What is Larceny?
Virginia law defines all theft and theft-related crimes as “larceny”. Virginia criminal statutes do define some very specific theft-related offences including:
- Stealing certain animals or poultry
- Stealing bank notes or checks
- Unauthorized use of an animal, boat, vehicle or aircraft
- Concealing or taking possession of merchandise (A.K.A Shoplifting)
- Theft or destruction of public records
- Receiving stolen goods
What is Changing with Regards to Larceny Laws in Virginia?
Starting on July 1, 2020, the felony grand larceny threshold in Virginia is increasing from $500 to $1,000.
In the past, larceny of anything worth under $500 was classified as misdemeanor petit larceny and anything $500 or over was classified as felony grand larceny. As of July 1, 2020, larceny will be considered a felony if the stolen item (or items) has a value of $1,000 or greater. Felony grand larceny is punishable by up to 20 years in prison. In contrast, misdemeanor petit larceny is punishable by up to 12 months in jail.
What to Do If You’ve Been Charged with Petit or Felony Grand Larceny
The Center for Criminal and Immigration Law is a boutique law firm in Virginia that specializes in criminal and immigration law. Contact us today if you have been charged with felony grand larceny for a free consultation on how we can obtain the best possible outcome for your case.