Larceny refers to a form of theft, whether it is grand larceny or petty larceny. A larceny charge is an actual accusation of theft. A charge of larceny depends on the definition of larceny within the jurisdiction as this may vary among states and countries. Larceny is a statutory crime in the United States of America. It involves the theft of another party’s property with the intention of permanently depriving aforementioned party of the property. Larceny can be a felony or a misdemeanor depending on the type of larceny committed.
Legally, larceny is defined as the taking and carrying away of another person’s tangible personal property. Such a definition provides 2 conditions before an act can be called larceny. The first act of taking must involve complete control of another person’s property. Thus, the individual taking the property must have complete and absolute physical control over it. The second act involves carrying the object away from the owner. This entails actual asportation, which means movement or carrying away, rather than preparation for asportation. Thus, a person committing the act of larceny must fulfill both conditions with the intention of permanently withholding the personal property of another.
Before a larceny charge is brought up against an individual, the 2 conditions must be proven to have occurred for an act to be considered larceny. A larceny charge can be based on an act of grand larceny, in which case the charge is a felony, or an act of petty larceny, wherein the charge would be a misdemeanor. The difference between the 2 types of larceny is the value of the item stolen.