Like most laws, this one too varies from state to state. But, yes...in all of the states 500 dollars IS grand theft. In California, the amount is 400 dollars, but, there is a bill going through congress to raise the grand theft or felony amount to 800 dollars, due to the over crowding of the prisons in that state. However...at this time, 500 is right in the category of GRAND.
It depends on the state. Most states set a dollar amount cut off in theft cases between felonies and misdemeanors. Some states may set the cut off at $300, while others may set it at $1,000.
Bingo!
In many states the difference between felony and misdemeanor theft is whether the theft was above or under $500.
The minimum amount for retail theft in order for it to be a felony is $5,000. In rare cases, anything over $500 can be considered a felony in some places.
Theft by TakingTaking or appropriating the property of another with the intention of depriving the owner of the property.$500 or less is misdemeanor offenseOver $500 is felony offense
Typically it is the monetary amount of what is stolen. In many states, the dividing line is above or under $500-this makes theft grand theft or petty theft.
This completely depends on the monetary amount of the theft and way the theft was carried out. In most states, grand theft and petty theft is divided above and below $500. Grand theft is a felony. Punishments can range from a $500 fine to life in prison.
Pennsylvania's felony amount on stolen money is $2000. Even if the state does not pursue felony theft charges, there may be other charges that can be added including, but not limited to embezzlement and civil suits.
In the state of Kansas, the dollar amount for a felony will depend on the type of felony. A Class D felony is a minimum of $500 for damage of property, theft or extortion. A Class C felony is $10,000 or more.
Grand theft auto is simply a type of felony theft.
not unless it's under $500, then it's a misdemeanor.
$500 or more is a Class D Felony unless it is a firearm in which case no matter the value it is a Class D felony. Theft of anhydrous ammonia is also a felony no matter the value.
It certainly might be. FELONY theft especially.
Identity theft is a felony in all states. It is considered a Class C felony.