Grand Larceny

Grand larceny is a legal term that refers to the theft of property or money valued above a certain threshold, which varies by jurisdiction. It is considered a more serious crime than petty theft, which involves items of lesser value. Typically, grand larceny involves items like cars, expensive electronics, or large sums of money. Because of the higher value, the penalties for grand larceny are more severe, often resulting in felony charges, significant fines, and imprisonment. Essentially, it’s taking someone else's property with the intent to permanently deprive them of it, and it is regarded seriously by the law.