There are many criminal cases in which the amount of money involved determines the degree of the offense and/or sentencing. Such offenses include all theft crimes such as larceny, fraud, and others. In many cases, the amount involved can make the difference between misdemeanor charges and felony charges. All theft crimes where the amount of loss to the victim is under $1,000 is a Misdemeanor and if it’s $1,000.00 or more, it is a Felony.
What if the loss is not measured in cash? In some cases prosecutors and defense attorneys will fight over the monetary value of the loss while the calculation of the value of certain written instruments is set forth by the criminal statutes.
If you are accused of any type of theft or fraud crime in New York City, you should be aware that the amount of the alleged theft can seriously affect the ultimate outcome of your case, as long with many other issues that are not always apparent. Your first step in such a situation should be to retain experienced defense lawyer with expertise in defending theft and fraud cases.
Call our experienced New York City criminal attorneys at (212) 577-6677 to schedule an immediate consultation.
