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Possession of stolen goods is a crime in which an individual has bought, been given, or acquired stolen goods.. In many jurisdictions, if an individual has accepted possession of goods (or property) and knew they were stolen, then the individual may be charged with a crime, depending on the value of the stolen goods, and the goods are returned to the original owner.
Thus, while one fence's salvage yard may consist mainly of stolen auto parts, another fence's used goods store might consist mainly of legitimately purchased used goods, with the stolen merchandise acting as a minor, but profitable, sideline. Thieves agree to use fences because their alternatives may present a greater risk of the thief being ...
Shoplifting usually involves concealing items on the person or an accomplice, and leaving the store without paying. However, shoplifting can also include price switching (swapping the price labels of different goods), refund fraud, and "grazing" (eating or sampling a store's goods while in the store). Price switching is now an almost extinct ...
Robert Dell, a former pastor in Tampa, was charged in October with operating a multimillion-dollar theft ring after he and four others allegedly stole $1.4 million of goods from Home Depot stores ...
The Riverside County Sheriff's Department recovered about $1.4 million worth of stolen merchandise from a warehouse in an unincorporated area called Good Hope.
It's not just the annoyance of having to ask for a sales associate to unlock a case: 73% of consumers surveyed are worried that retailers will hike prices to cover the cost of increasing theft ...
Larceny is the unlawful taking of another person's property with the intention to deprive the owner of it. If the stolen object is above a large value, then it is considered a felony and is called a grand theft. A petty theft is stealing an object with small value which would pass as a misdemeanor.
Theft of goods valued between $750 and $5000 is second-degree theft, a Class C felony. [96] Theft of goods valued above $5000, of a search-and-rescue dog on duty, of public records from a public office or official, of metal wire from a utility, or of an access device, is a Class B felony, [97] as is theft of a motor vehicle [98] or a firearm. [99]