What does 3rd degree retail fraud mean?

What does 3rd degree retail fraud mean?

The offense of Retail Fraud 3rd Degree is the most common form of shoplifting which means that the amount or value of the property attempted to be taken without authority is under the value of $200.00.

What is the punishment for 3rd degree theft in Alabama?

Under Alabama law, third-degree theft is a class D felony in Alabama and carries a penalty of imprisonment of no less than one year and a day up to five years, a fine up to $7,500, or both.

Is theft in the 3rd degree?

The category/degree is determined by the value of stolen item. Conviction of one of these crimes may result in a very detrimental outcome. As a gross misdemeanor charge, Theft in the 3rd Degree is the lesser of the theft offenses. Theft in the 1st and 2nd Degree are felony charges.

What is burglary in the third degree?

(1) A person commits third degree burglary if with intent to commit a crime he enters or breaks into any vault, safe, cash register, coin vending machine, product dispenser, money depository, safety deposit box, coin telephone, coin box or any other apparatus or equipment whether or not coin operated.

What is third degree theft in Alabama?

Third degree Theft occurs when the value of the property involved exceeds $500 but not $,500 in value. It can also apply if a credit or debit card (of any value) is alleged to have been stolen.

What is larceny in the 3rd degree?

(a) A person is guilty of larceny in the third degree when he commits larceny, as defined in section 53a-119, and: (1) The property consists of a motor vehicle, the value of which is five thousand dollars or less; (2) the value of the property or service exceeds one thousand dollars; (3) the property consists of a …

What’s the penalty for third degree retail fraud?

Third degree retail fraud is also a misdemeanor. It is punishable by up to 93 days in jail and/or a fine of up to $500 or 3 times the value of what was stolen, whichever is greater. There are several retail fraud forms or additional ways an employee may commit retail fraud.

How is retail fraud classified as a crime?

Retail fraud crimes are classified according to degree based upon the value of property or money attempted to be misappropriated. An offense can also be enhanced to a higher degree if the offender has a past record for retail fraud. 1st Degree Retail Fraud, Felony: Maximum Penalty: Up to 5 years in prison, $10,000.00 fine, court costs.

How long can you go to jail for retail fraud?

First Degree Retail Fraud (felony): Jail time of up to 5 years and a potential fine of either $10,000 or three times the value of the stolen property, whichever is greater. Second Degree Retail Fraud (misdemeanor): Jail time of up to 1 year and a potential fine of either $2,000 or three times the value of the stolen property, whichever is greater.

How many degrees of retail fraud are there in Michigan?

First, let’s review the three degrees of retail fraud. According to the Michigan Legislature Section 750.356c and Section 750.356d, the three degrees of retail fraud in Michigan are based on the dollar amount of the offense. Each degree includes the following conditions: