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Is theft over 500 a felony in Illinois?

$500 in value, or theft of property exceeding $500 and not exceeding $10,000 in value, is a Class 3 felony. $500 in value, or theft of property exceeding $500 and not exceeding $10,000 in value, is a Class 2 felony if the theft was committed in a school or place of worship or if the theft was of governmental property.

What is petty theft in Illinois?

In Illinois, petty theft is when you knowingly steal or obtain control over the property with the intent to permanently deprive the owner of that property. You will be charged with petty theft if the amount you stole does not exceed $500.

How much stolen money is considered a federal offense?

The Crimes and Charges It is important to understand how much money and property involved are considered federal offenses. This means that for any amount of at least $1000, it does not matter if it is real estate, records available to the public or other assets, it is possible to face fines and jail sentences.

What is the penalty for theft in Illinois?

The misdemeanor offense of retail theft is a Class A misdemeanor, with a potential penalty of up to 364 days in jail and a maximum fine of $2,500. The defendant would be eligible for supervision, which is not a conviction and can be expunged.

What is the maximum punishment for theft?

India Code: Section Details. Whoever commits theft shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.

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