Theft includes grand and petty theft, shoplifting, and embezzlement. Grand theft involves taking items above a certain value with the intention of depriving the owner of access. Petty theft is a lesser offense due to the value of items taken. Shoplifting can be prosecuted under theft laws and includes actions beyond taking retail merchandise. Embezzlement involves taking funds or property from a position of trust.
Theft is a legal term used to refer to a crime involving theft. In many jurisdictions, there is more than one felony in this category. Grand theft and petty theft are two closely related crimes that are usually related to general theft. Shoplifting is an offense involving theft in retail situations. Theft that occurs in the workplace or from people in entrusted positions may be governed by embezzlement laws.
Grand theft is a crime that occurs when someone takes something with the intention of depriving the rightful owner of access to it. To be charged with this offense, the item or items with which the suspect is accused must generally be valued at or above a certain amount. This amount varies from one jurisdiction to another. In any case, the crime is usually a crime. Petty larceny is a crime similar to larceny, but is generally a lesser offence.
The reason petty theft is a misdemeanor is because it involves thefts that do not exceed a certain amount. Thus, two people can essentially commit the same crime but receive different charges solely due to the value of the items taken. For example, a person may steal $500 US Dollars (USD) worth of auto parts and be charged with a felony. Another individual may steal auto parts, but since they are only valued at $250 USD, he could be charged with a felony.
Shoplifting is a crime that can be prosecuted under great or petty theft laws. In some places, however, the law identifies this as a separate and specific offence. Crime can be broken down into grades which determine the severity of a particular incident. The value of the stolen items is generally used to make this determination and therefore to determine whether the offense will be a misdemeanor or a felony.
Many people mistakenly believe that shoplifting is limited to situations where an individual takes retail merchandise without payment. This crime is often defined much broader. Actions that qualify as shoplifting include removing or tampering with price tags and placing items in low-priced product packaging in the hope of paying less than the actual cost.
Embezzlement is another type of theft. This crime generally involves incidents where people take funds or property they have access to due to their positions. For example, an accountant may embezzle money from his employer’s bank accounts. In most cases, the schemes used to carry out these crimes are more complex than just seeing something and taking it.
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