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Earlier this month, the San Jose Police Department announced they shut down a fencing operation involving the theft of high-end bicycles and construction equipment from the city’s downtown area. A “fencing operation” is a type of theft ring in which a central figure buys and sells stolen goods.
According to the SJPD’s press release, the suspect allegedly bought goods from a network of thieves for a fraction of the items’ actual value. Police executed a search warrant in May at the suspect’s house and found a cache of expensive bikes, crates of tools, stolen retail goods, and $20,000 in cash. They estimate the value of the stolen goods to be $100,000.
Given the transactional nature of the crime and the high dollar amount, what kind of crime is that exactly? At the end of it all, the suspect was arrested for receiving stolen property. In the state of California, that is considered a property crime, and it is called larceny.
Larceny in California is the legal name for theft, or when you knowingly take property that does not belong to you. In other states, larceny is an offshoot of theft. Nonetheless, theft is organized under the chapter on larceny in California’s penal code.
The definition of larceny also buying or receiving stolen goods or receiving property that has been obtained through some other nefarious means like extortion. The definition also includes those who conceal stolen goods or sell them knowing they have been stolen.
According to the state’s penal code, the over/under is $950, meaning if the value of the property you received is over $950, you could face a felony charge. If it is less than $950, you could only face a misdemeanor charge. Either way, a conviction could land you up to a year in county jail. The same rules apply if you work for a business, such as a pawn shop, and knowingly buy stolen goods.
The penalties can change depending on the property and its value. The law specifies different degrees of punishment for stolen metals like copper or aluminum, rare books, computers, and other electronics; and vehicles like cars, trucks, and construction equipment.
If you are facing charges of receiving stolen goods or theft, a skilled San Jose defense lawyer can defend you against these charges. Attorney Cory Fuller has been advocating for clients for more than a decade. Call the Fuller Law Office today for a free consultation at 408-234-7563.
Source:
https://www.sjpd.org/Home/Components/News/News/424/262
https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=PEN&division=&title=13.&part=1.&chapter=5.&article=
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=496.&awCode=PEN
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