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The concept of theft by finding occasionally appears in fiction. An example in popular movies is the 1946 Hollywood film, It's a Wonderful Life , in which the protagonist loses a small fortune to his business opponent, precipitating his attempted suicide.
The contradiction to this principle is theft by finding, which may occur if conversion occurs after finding someone else's property. The rights of a finder of such property are determined in part by the status in which it is found. Because these classifications have developed under the common law of England, they turn on nuanced distinctions.
[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]
A woman in Sonoma County tried to get away with retail theft by pretending to be a 12-year-old girl, police say. But her alleged ruse failed, and the 29-year-old was arrested.
More than a dozen suspects are facing charges in connection with a retail theft ring in South Florida that racked up more than $20 million in losses this year alone, Miami-Dade officials said ...
The data, Lofstrom noted, does not extend beyond December 2022 and is limited to incidents reported to law enforcement. “Retail theft is likely underreported, especially low-value theft,” he said.
If the stolen object is above a large value, then it is considered a felony and is called a grand theft. A petty theft is stealing an object with small value which would pass as a misdemeanor. If a person has a lost item in possession, and a reasonable method exists for finding the owner, they must return it or it would be considered larceny.
Finders, keepers, sometimes extended as the children's rhyme finders, keepers; losers, weepers, is an English adage with the premise that when something is unowned or abandoned, whoever finds it first can claim it for themself permanently.
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