Grand larceny is a felony in Nevada. NRS 205.220 defines grand larceny as:
Intentionally taking another person’s property without permission, and
The value of the stolen property is greater than $1,200
The felony category assigned to grand larceny charges depends on the value of the property the individual is accused of stealing:
Category D Felony – $1,200 – $4,999.99
Category C Felony – $5,000 – $24,999.99
Category B Felony (a) – $25,000 – $99,999.99
Category B Felony (b) – $100,000 or more
Nevada prosecutors estimate the value of an item by researching receipts, market value, advertised price, and expert testimony. Ultimately, judges determine the value of stolen property by considering the “highest reasonable value” based on the information presented.
Individuals charged with grand larceny in Las Vegas (or anywhere else in Nevada) face 1 – 20 years in prison, restitution payments, and fines from $5,000 – $15,000.