Many people don’t know what makes up a financial crime in New York. So let me fill you in!
Stealing is called larceny. This can mean anything from shoplifting to embezzling millions. Larcenies are defined as petit for anything under $1,000, and grand larceny for anything over $1,000. Penalties can range from a fine of $1,000 up to 25 years in state prison.
If you are charged with a larceny of any kind, it’s in your best interest to hire a criminal defense attorney. He or she is your best shot at saving your skin.
This is Vinoo Varghese. Should you ever need legal assistance, just contact me.
Call 212-430-6469
Go to Vargheselaw.com.
