What is the typicalpenalty for larceny?

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What is the typicalpenalty for larceny?

The amount in a business transaction in dispute is $14,000.

Asked on September 7, 2010 under Criminal Law, Wisconsin

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 13 years ago | Contributor

Larceny is characterized in Wisconsin as a theft.  It is similar to embezzlement in that property not owned by you is converted for your use.  In embezzlement the thief is employed by the property owner.  It can be charged as a felony or a misdemeanor depending on the value of the property.  Based upon your claim that the value of the property in question is $14,000, it will be classified as a Class G Felony in Wisconsin (exceeds $10,000 but is less than $100,000).   

For a Class G Felony, the penalty is a fine of up to $25,000, or imprisonment of up to 10 years, or both; however, for a repeat offender, the term of imprisonment may increase up to 2 years with prior misdemeanor convictions, and up to 6 years with a prior felony conviction.


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