What Is Larceny In Oklahoma?

And in Oklahoma, we really break down larceny into two… Well, technically three, but we’ll talk about the third one. Today we’re talking about the two most common ones, which are petty and grand larceny. Now, whether you are convicted or charged with petty or grand larceny will be based on the market value of the property stolen. For petty larceny, which is a misdemeanor, the stolen property will have to be under $1,000 in value. And for that, if you’re convicted of petty larceny, you will face up to a year in prison and up to $1,000 in fines. Okay?

Grand larceny, however, has much broader potential. If what you stole, had more than $1,000, but less than $2,500, there’s a range there, the judge can sentence a defendant to pay up to $1,000 in fines plus one to two years in prison. The same thing applies, this same grand larceny applies if you take a firearm. So grand larceny always applies if you steal a firearm, even if the firearm isn’t necessarily worth $1,000 and would technically qualify as petty larceny if it weren’t a gun. You’ll always get that.

Now, let’s bump it up a bit. If the stolen property is between $2,500 and $15,000, then you face a $1,000 fine plus between one and five years in prison. Now, let’s say it’s more than $15,000, then you will face up to eight years in prison, plus that same $1,000 fine that seems to be following us this entire video.

So those are the two subcategories of larceny. The third one, there are special rules when it comes to shoplifting, and I’ll cover that in a separate video. But for now, if you would like to speak to an attorney about this subject matter, really anything criminal law-related, I would love to speak to you about that. Once more, I’m Ty Smith, a criminal defense attorney in Oklahoma City. You can find me at theoklahomacityattorney.com, or you can call my office at 405-888-540,0 and I’d be glad to speak to you about this.