lar·ce·ny –noun, plural -nies. Law. the wrongful taking and carrying away of the personal goods of another from his or her possession with intent to convert them to the taker's own use. And for your reading -- How California feels about it:
The crime of receiving stolen property occurs when a person buys or possesses property that has been stolen through theft, fraud, deceit, embezzlement, or taken by any other unlawful means by someone else. The receiver of stolen property could be convicted if he or she knew the goods were stolen at the time of receipt and was intending to aid the thief. Here are some examples: A person buys a luxury watch from a street vendor at a surprisingly low price A person suddenly acquires an expensive TV, car and/or other high-priced items without having the financial means to do so A person offers his or her garage for storing unlawfully acquired items A person receives a copy of an unlawfully acquired private or unpublished document, transcript, deed, or other form of intellectual property California Law According to California Penal Code Section 496, conviction can apply to “Every person who buys or receives any property that has been stolen, knowing the property to be so stolen or obtained…” or if a person “conceals, sells, withholds, or helps to conceal, sell, or withhold any property from the owner.” Depending on the value of the property in question and the discretion of the district attorney, this crime could be charged as a misdemeanor or a felony in California (also known as a “wobbler.”) Penalties for Receiving Stolen Property A typical misdemeanor conviction, for property valued at under $400, is punishable by paying a fine and/or spending up to one year in county jail depending on how the judge classifies this punishment "in the interests of justice." The penalty for a misdemeanor conviction can also be increased if the defendant has any prior theft convictions. A felony conviction for receiving stolen property or aiding a thief could result in being sent to state prison or county jail for up to 1 year. The prison term is based on the severity of the crime: the value of the stolen property and the defendant’s prior criminal record.
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