Different degrees of larceny, embezzlement and false pretenses

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Tax Law - Income Tax Law - General White Collar Crimes Questions
Page 26 of 31
Are there different degrees of larceny, embezzlement and false pretenses?

Yes. Depending on the value of the property appropriated, these crimes can be considered "petit" (which is a misdemeanor) or "grand" (which is a felony).
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