Change in Grand Larceny Threshold in Virginia

A Virginia Grand Larceny charge is a serious offense. It is a felony that could result in a prison sentence and a permanent criminal record if convicted. Until recently, Virginia had a very low threshold amount for Grand Larceny, meaning a person could be convicted of a felony for a theft involving a low monetary value. However, recently the Grand Larceny amount changed in Virginia.

Grand Larceny Amount Changed in Virginia

In July 2020, the Grand Larceny amount changed in Virginia to $1,000.

What is Grand Larceny in Virginia?

In 2020 the Grand Larceny Amount Changed in Virginia to $1,000

Grand Larceny in Virginia (Va. Code §18.2-95) is the taking of personal property of another person with the intent to permanently deprive the other person of his or her property. Someone can be charged with Grand Larceny in Virginia for taking property worth $5 or more from a person or by taking property worth $1,000 or more not directly from a person. Grand Larceny will also be charged for the theft of a firearm, regardless of the firearm’s value.

What is the Penalty for Grand Larceny in Virginia?

Grand Larceny in Virginia is punished with up to 20 years in prison and a fine up to $2,500. It is a felony, and felony convictions will cause problems when trying to apply for a job, school, and will result in a loss in the right to vote and the right to possess firearms. A conviction in Virginia cannot ever be expunged and as a result, a conviction will remain on a person’s criminal record permanently.

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