The exact amount that differentiates "Grand" from "Petty" theft varies by state. For example, in California , the threshold is generally $950 . In other jurisdictions, it may be as low as $300 or $1,000.
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If the value of the stolen property is extremely high (e.g., exceeding $65,000 or even $3.2 million ), additional years can be added to the prison sentence. 2. The Video Game Franchise: Grand Theft Auto
Grand theft is often considered a " wobbler ," meaning prosecutors can charge it as either a misdemeanor or a felony.
In the eyes of the law, (also known as Grand Larceny) is the unauthorized taking of another person's property that exceeds a specific monetary threshold.