Larceny - The Crime of Illegal Possession

What is larceny? It is the illegal taking of another person's personal property with the intent of completely depriving him/her of it. Larceny is often not seen as a vicious crime but it is when you consider the value of the item taken and its effect on the person(s) from which it was taken.


Larceny involves taking goods without a person’s permission and intending to keep them. It isn’t a crime of ownership but possession. Larceny doesn’t apply to land or services rendered.

Say, you take your car to the mechanic to be fixed. Whether you sign a job order or engage in a verbal agreement to have it fixed, your car is assumed to be in your mechanic’s legal possession temporarily. If you take your car home without your mechanic’s consent, you could be charged with larceny. Possession of the car becomes the subject of the case. The unpaid bill for services rendered is another matter.

The same holds true if you take your pet to the vet and reclaim your pet without the vet’s consent. However, under US law, larceny doesn’t apply to wild animals because they’re NEVER the property of any citizen no matter where they’re found. You may then be subject to other charges for keeping wild animals.

Recent Incidents of Larceny

The FBI files are filled with famous cases of larceny — often of notorious bank robbers charged with burglary and/or breaking and entering and larceny. Many of these cases, however, occurred many years ago (e.g., 1950s Brinks Robbery).

Recent larceny cases seem to involve white-collar offenders. The famous Tyco grand larceny case for instance, which was widely documented from 2003 to 2004 in news stories, appeared like a page out of Lifestyles of the Rich and (In)famous!

Tyco execs were shown at a $2-million toga bash cum hedonistic party. They also made the company pay, among other things:

  • $2,200 for a trash can.
  • $6,000 for a shower curtain.
  • $15,000 for an umbrella holder.
  • $30,000 for opera glasses.

The Tyco honchos forgave loans and hid bonuses to themselves and pumped up company stock by lying about Tyco’s financial standing.

The judge declared a mistrial in 2004 after one juror received threats for taking the side of the Tyco execs. But Tyco CEO, Dennis Kozlowski, is still facing charges for tax evasion.

Larceny - Types & Penalties

Larceny is a kind of theft. Grand and petty larceny are distinguished from one another by some US states based on the value of goods. Grand larceny is punishable by state prison time, while the penalty for petty larceny is normally a county jail sentence.

The term “grand” applies to different amounts across states. In New York, for instance, the grand larceny limit is $1,000. In other states, that limit goes down to $200 in cash, checks, or valuables — or even $5 if stolen from a person by a pickpocket or robber.

Grand larceny is often attached to a much harsher penalty. But some US states don’t use the term “grand” and only refer to the crime as larceny. The gravity of the punishment depends on whether the crime is a:

  • Felony, where the amount is above the felony limit for larceny and involves sentencing to a state prison plus fines.
  • Misdemeanor, where the amount falls below the felony limit for larceny and involves sentencing to a local jail, or perhaps a fine determined by the value of stolen property.

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