Felony Theft Amount and Penalties in Virginia

Grand larceny (a felony) is simple larceny not from the person of another of goods and chattels of the value of $1,000 or more, larceny from the person of another of money or other thing of value of $5 or more, or simple larceny not from the person of any firearm, regardless of the firearm's value. Grand larceny is punishable by 1 to 20 years in a state correctional facility, or in the discretion of the jury or court, jail for not more than 12 months and/or a fine of not more than $2,500. Petit larceny (simple larceny of less than $1,000, or from the person of less than $5) is a Class 1 misdemeanor.

Virginia grades felonies as Classes 1 through 6. Class 1: imprisonment for life and a fine of not more than $100,000 (for a person 18 or older at the time of the offense who is sentenced to life, no parole, good conduct or earned sentence credits, or conditional release). Class 2: imprisonment for life or for any term not less than 20 years, and a fine of not more than $100,000. Class 3: 5 to 20 years, and a fine of not more than $100,000. Class 4: 2 to 10 years, and a fine of not more than $100,000. Class 5: 1 to 10 years, or in the discretion of the jury or the court trying the case without a jury, confinement in jail for not more than 12 months and/or a fine of not more than $2,500. Class 6: 1 to 5 years, or in the discretion of the jury or the court, confinement in jail for not more than 12 months and/or a fine of not more than $2,500. For most felonies the court may or must add a suspended term of six months to three years conditioned on probation.

Class 1 misdemeanor: confinement in jail for not more than 12 months and/or a fine of not more than $2,500. Class 2: confinement in jail for not more than 6 months and/or a fine of not more than $1,000. Class 3: a fine of not more than $500. Class 4: a fine of not more than $250.