How is Theft defined?
Florida has combined the crimes of larceny, embezzlement, false pretenses and receiving stolen property into the category of theft. A person commits theft when he or she knowingly obtains or uses the property of another with intent to either temporarily or permanently deprive the other person of the property. Theft of property valued at $100,000 or more is grand theft in the first degree and a first degree felony. Theft of property valued at $20,000-100,000 is grand theft in the second degree and a second degree felony. Theft of property valued at $300-20,000 is grand theft in the third degree and a third degree felony. Theft of any other property is petit theft and a second degree misdemeanor. (The category of larceny, the taking of property without consent and with intent to steal, is still used for reporting purposes.