What are the possible penalties for theft?

Like most states, Tennessee classifies theft crimes based on the value of the property or services stolen. The least severe theft crime, often referred to a petty theft, is classified as a Class A misdemeanor. Class A misdemeanors involve the theft of property worth $500 or less and can include a fine of up to $2,500 and jail time up to one year. When the stolen property or services are valued between $500-$1,000, this is considered a Class E felony and can include a fine up to $3,000 and imprisonment between 1-6 years. Theft becomes a Class D felony when the stolen goods or services are worth between $1,000-$10,000, and the punishment for this level can include imprisonment between 2-12 years and a fine of up to $5,000. When the stolen property is worth between $10,000-$60,000, the crime is considered a Class C felony and can be punishable by an imprisonment term of 3-15 years and a fine no greater than $10,000. Lastly, the most extreme theft crime, involving property valuing more than $60,000, is classified as a Class B felony and is often referred to as “grand theft.” Penalties for a Class B felony theft crime can include a fine of up to $25,000 and a jail sentence of 8-30 years. If you are facing theft charges of any size, contact an experienced attorney by calling (615) 403-2971 today.