Theft or larceny are terms often used interchangeably whenever a person commits a felony and steals another person’s possessions or property. The term theft covers a wide range of crimes, involving extortion, embezzlement, and unauthorized use of property, or receiving property.
In some states, the term grand theft describes the theft of tangible property with a value that has surpassed a certain dollar amount. For instance, petit or petty theft is punishable depending on the circumstances and the value of the stolen property. While grand theft applies when the property value is much higher.
How much is bail for grand larceny? The amount depends on the type of crime, the criminal laws in the state in which is committed, the value of the stolen property, and the criminal background of the offender.
Total Bail Amounts for Grand Larceny
The penalties for grand larceny are different in each state.
Total Bail Amounts for Felony Charges
The bail charges depend on the property value.
- For instance, in some states theft of property valued over $100,000 can be punishable as a 1st-degree felony.
- Less serious felony charges apply when the value of the property is from $50,000 up to $100,000, and it’s considered a 2nd-degree felony.
- A 3rd-degree felony categorizes theft of property valued between $2,500 and up to $50,000. This type of theft is charged when the property is a deadly weapon, construction sign, motor vehicle, commercially farmed animal, agriculture products, etc.
If the offender has committed embezzlement over 10 months by withdrawing $900 from the employee’s accounts, they will not be charged with 10 separate charges, but instead a single felony charge that can result in up to 7 years in prison.
Penalties for Grand Larceny
The penalties for theft charges range from something minor like a $100 fee up to several years in jail.
Grand Theft Conviction
- Is punishable with 2 to 20 years in prison. If the defendant is a first-time offender, they might get a probation sentence.
- Grand theft can also result in fee penalties ranging from $5,000 up to $100,000.
- Restitution is another penalty the defendant is required to pay in addition to fines. It’s the amount paid to the property owner directly for the damage caused and is equal to the value of the stolen property.
- If the penalty for grand theft is probation, the judge might add a community service penalty.
According to Connecticut’s penal code, the penalties for 1st-degree larceny are punishable by $15,000 fines and up to 20 years of prison. A 2nd-degree felony is charged with fines of $10,000 and prison time of 10 years, while a 3rd-degree felony gets up to $5,000 in fines and up to 5 years in jail.
Under Connecticut law, grand larceny is classified into 6 degrees, the last one being less serious and considered a class C misdemeanor.
Consult an Attorney
The total bail amounts will be determined on a bail schedule by a judge in court and the judge has the discretion to alter the amount if seen fit. The judge will consider many factors like a prior conviction of the defendant, status in society, employment status, etc. Once your total bail amount has been set, use our bail bond calculator for larceny to determine the amount you’ll need to pay a bail bond agent to post a bond on your behalf.
If you or a loved one has been charged with grand larceny, the best things you can do is consult an attorney and a bail bond company to discuss your bail options. The bail bond agent will post a bond on your behalf for a non-refundable fee that is equal to 10% of the total bail amount. Or you can post bail yourself and get released from jail until the court date comes by paying the total bail amount to the court.