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In Ohio, the penalties for grand theft can vary based on the value of the stolen property. If the value is between $1,000 and $7,500, it is classified as a fourth-degree felony, punishable by 6 to 18 months in prison and fines up to $5,000. If the value exceeds $7,500, it becomes a third-degree felony, with penalties ranging from 1 to 5 years in prison and fines up to $10,000. Additionally, prior convictions can lead to enhanced penalties.

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