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What dollar amount is considered a felony if products are stolen from a business?
Wiki User
∙ 12y ago
The amount separating a misdemeanor from a felony is set by statute law and can vary greatly from state to state. Some are set quite low and others can be set quite high.
Products stolen from a business or retail establishment are valued at the business's or store's replacement cost (i.e.: wholesale cost), and NOT what they theoretically could have sold them for (i.e.: wholesale cost PLUS profit).
Wiki User
∙ 12y ago
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