Possession of stolen property is a serious offense that can have severe consequences in the future. This offense varies in its punishments depending on the value of the property obtained. Read the information below to learn more about possession of stolen property, its penalties and its defenses. 

WHAT CONSTITUTES POSSESSION OF STOLEN PROPERTY?

NRS 205.275 defines possession of stolen property as the act in which a person, “for his or her own gain or to prevent the owner from again possessing the owner’s property, buys, receives, possesses or withholds property” knowing the property was stolen or should have had reasonable belief that the property was stolen.

WHAT IS THE DIFFERENCE BETWEEN THEFT AND POSSESSION OF STOLEN PROPERTY?

Possession of stolen property and theft are two completely separate offenses. Theft encompasses a wide range of convictions in which property was first unlawfully obtained. This can be done through shoplifting or even pickpocketing. In contrast, possession of stolen property describes the act in which a person receives or possesses property that has been stolen by someone else.

PENALTIES AND PUNISHMENTS FOR POSSESSION OF STOLEN PROPERTY CHARGES IN LAS VEGAS:

The penalties and punishments for possession of stolen property vary depending on the value of the property.

  • If the value of the property is less than $650, you are guilty of a misdemeanor.

  • If the value of the property is more than $650 but less than $3,500, you are guilty of a category C felony and will be punished:

    • A minimum term of 1 year and a maximum term of 5 years in a state prison; and

    • A possible fine of no more than $10,000

  • If the value of the property is more than $650 or if the property is a firearm, you are guilty of a category B felony and will be punished:

    • A minimum term of 1 year and a maximum term of 10 years in a state prison; and

    • A fine of no more than $10,000

It is important to note that with any of these penalties, you will be required to pay restitution for the value of the property stolen.

DEFENSES TO POSSESSION OF STOLEN PROPERTY CHARGES IN LAS VEGAS:

There are several defenses to Possession of Stolen Property charges that can help reduce your charges or even get your charges dismissed.

  • You had no reason to believe the property was stolen.

  • You were never in possession of the property.

If you have been charged with Possession of Stolen Property, it is important you contact an experienced Las Vegas Criminal Defense attorney who can adequately represent you and help you with your charges. Adrian Lobo is determined to help get you the results you deserve. By scheduling a consultation with Adrian Lobo, you can be one step ahead from achieving the outcome you desire.