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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.
As a verb (e.g. "to fence stolen goods"), the word describes the behaviour of the thief in the transaction with the fence. As is the case with the word fence and its derivatives when used in its other common meanings (i.e. as a type of barrier or enclosure, and also as a sport ), the word in this context is derived from the word defence .
[1] [2] [3] The word theft is also used as a synonym or informal shorthand term for some crimes against property, such as larceny, robbery, [1] embezzlement, extortion, blackmail, or receiving stolen property. [2] In some jurisdictions, theft is considered to be synonymous with larceny, [4] [5] while in others, theft is defined more narrowly. [6]
Derivative contraband consists of goods that may normally be owned, but are liable to be seized because they were used in committing an unlawful act and hence begot illegally, e.g. smuggling goods; stolen goods – knowingly participating in their trade is an offense in itself, called fencing. [5]
Attempted forcible entry into a property is also classified as burglary, in the FBI's Uniform Crime Reports (UCR) definition. As of 1999, there were 1.4 million residential burglaries reported in the United States, which was a record low number, not seen since 1966. [5] Though, up to 50% of burglaries are not reported to the police. [5]
But there's another possibility if a posting seems to good to be true: You could be buying stolen goods. Yes, Craigslist can serve the same function as a pawn shop when it comes to unloading ...
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.
Section 2311 of Title 18 provides the definitions for certain words and phrases used in the Act. [2] For example, "money" is defined to include not just the legal tender of the U.S. or any foreign country, but also any counterfeit; "security" receives an expansive definition that also includes, among other things, not just "any instrument commonly known as a 'security,'" but also any forged ...