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Possession of stolen goods is a crime in which an individual has bought, been given, or acquired stolen goods.. In many jurisdictions, if an individual has accepted possession of goods (or property) and knew they were stolen, then the individual may be charged with a crime, depending on the value of the stolen goods, and the goods are returned to the original owner.
A drawing illustrating snatch thieves stealing a purse from a woman via motorbike. These types of mopeds are typically used by snatch thieves. Snatch theft is a criminal act, common in Southeast Asia, South America, and Southern Europe, [citation needed] of forcefully stealing a pedestrian's personal property by employing rob-and-run tactics.
In criminal and property law, theft by finding occurs when someone chances upon an object which seems abandoned and takes possession of the object, but fails to take steps to establish whether the object is genuinely abandoned and not merely lost or unattended before taking it for themselves. [1]
[1] [2] [3] The word theft is also used as a synonym or informal shorthand term for some crimes against property, such as larceny, robbery, [1] embezzlement, extortion, blackmail, or receiving stolen property. [2] In some jurisdictions, theft is considered to be synonymous with larceny, [4] [5] while in others, theft is defined more narrowly. [6]
The threat or use of force does not have to take place immediately before or at the time of the theft. [28] Force used after the theft will turn the theft into a robbery unless the theft is complete. The theft is considered completed when the perpetrator reaches a place of temporary safety with the property. [29]
Section 2311 of Title 18 provides the definitions for certain words and phrases used in the Act. [2] For example, "money" is defined to include not just the legal tender of the U.S. or any foreign country, but also any counterfeit; "security" receives an expansive definition that also includes, among other things, not just "any instrument commonly known as a 'security,'" but also any forged ...
Charge Penalty Robbery 2–6 years in prison, a $2,000-500,000 fine, and 3 years of supervised release. If the victim was 70 years or older or was disabled, 4–12 years in prison, and 4 years of supervised release with an additional 5 years, and a $500,000.
A shopkeeper, who has cause to believe that the detainee has committed or attempted a theft of store property, is allowed to ask the suspect to demonstrate that they have not been shoplifting. The purpose of the shopkeeper's privilege is to discover if the suspect is shoplifting and, if so, whether the shoplifted item can be reclaimed.