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What amount of money is considered a felony in Michigan?

What amount of money is considered a felony in Michigan?

A person commits a felony by stealing property valued at $1,000 or more but less than $20,000. A judge may impose a sentence of up to five years in prison and a fine of $10,000. Regardless of value, stealing a firearm or certain parts from a vehicle is also punishable at this felony level.

What are the degrees of larceny/theft in Michigan?

There are two types of misdemeanor theft offenses in Michigan – petty theft, or larceny, of goods or services valued at less than $200, and second-degree theft of goods or services with a value between $200 and $1000.

What is the punishment for larceny in Michigan?

Larceny and Related Crimes, Receiving and Concealing Stolen Property

Value of Property or Money Involved Maximum Michigan Penalty
$1,000 to $20,000 5 years imprisonment and/or fine $10,000
$200 to $1,000 1 year imprisonment and/or fine $2,000
Under $200 93 days jail and/or fine $500

What is grand theft in Michigan?

Grand thefts are felonies, punishable by one or more years in jail. Typically, the value of the property stolen will determine whether a crime is considered petty theft or grand theft. Depending on the state, grand theft involves property with a value over a set dollar amount, generally $500 to $1000.

How much is bail for a felony theft?

Bail for felony theft can range from $20,000 to $100,000 or more. Often the amount of bail is based on the value of the stolen property, if that is more than the standard bail amount listed in the county bail schedule.

Is Grand theft a felony?

Penalties. Traditionally, grand theft was considered a felony offense, meaning the potential punishment for conviction included a year or more in prison. Today, state theft laws may still use the term grand theft, but grand theft is not always considered a felony and can be a misdemeanor offense.

What’s the penalty for felony theft in Michigan?

Felony Theft in Michigan. A person who steals from a store property priced at $1,000 or more (or alters the price of goods if the resulting difference in price is $1,000 or more) commits retail fraud in the first degree, a felony punishable by imprisonment for not more than five years, or a fine of not more than $10,000 or three times…

What’s the highest level of felony larceny in Michigan?

For a person with a record of two or more prior theft convictions involving $200 or more, the person can face a 10-year felony sentence. Value of $20,000 or more. The highest felony level for larceny involves stealing property worth $20,000 or more.

What are the misdemeanors and felonies in Michigan?

Like many states, Michigan classifies theft and larceny offenses as misdemeanors or felonies, depending on the dollar value of the property that is the subject of the offense — and, in some cases, according to the circumstances surrounding the theft.

What is a Class D felony in Michigan?

This class of felony can result in 15 years of prison per conviction. Class D Felony: A Class D felony includes larceny of property value up to $20,000 or more, embezzlement, and human trafficking.