Petit Larceny

In New York, larceny (NY PL 155.25) occurs when a person “wrongfully takes, obtains or withholds” property from its rightful owner, with the intent to deprive the owner of such property. This can also occur by using tricks or embezzlement, obtaining property under false pretenses, acquiring lost property, or taking property by extortion. New York classifies a theft or larceny crime according to the monetary value of the property involved.