Overview of Theft:
Colorado charges a person for theft based on the value of the property at issue. Theft can be charged as a petty offense (or even defrauding an innkeeper if someone "dines and dashes"). Theft can also be charged as a second degree felony if the property at issue is valued in excess of $1 million. Refer to the following list to get an understanding of the varying degrees of theft in Colorado.
Class 1 Petty Offense
Value of Property: less than $50.
Potential Penalty: up to 6 months in jail, fine.
Class 3 Misdemeanor
Value of Property: between $50 and $300.
Potential Penalty: up to 6 months in jail, fine.
Class 2 Misdemeanor
Value of Property: between $300 and $750.
Potential Penalty: up to 1 year in jail, $1,000 fine.
Class 1 Misdemeanor
Value of Property: Between $750 and $2,000.
Potential Penalty: Up to 18 months in jail, $5,000 fine.
Class 6 Felony
Value of Property: between $2,000 and $5,000.
Potential Penalty: 1 year to 18 months in jail, potential fines.
Class 5 Felony
Value of Property: between $5,000 and $20,000.
Potential Penalty: 1 to 3 years in jail, potential fines.
Class 4 Felony
Value of Property: between $20,000 and $100,000.
Potential Penalty: 2 to 6 years in jail, potential fines.
Class 3 Felony
Value of Property: between $100,000 but not exceeding $1 million.
Potential Penalty: 4 to 12 years in jail, potential fines.
Class 2 Felony
Value of Property: in excess of $1 million.
Potential Penalty: 8 to 24 years in jail, up to $1 million in fines.
Common charges that may accompany a charge of theft include: identity theft, robbery, burglary, fraud, securities fraud, forgery, defrauding an innkeeper, motor vehicle theft, receiving stolen property, and theft from an at risk (usually elderly) victim.
Note: unlike other states, Colorado statutes don't make use of terms such as "conversion," "embezzlement," or similar phrases. Indeed, Colorado theft laws are primarily concerned with a defendant's intent to deprive another individual (or institution) of property. Thus, the means of the alleged theft are less significant than the defendant's mental state (mens rea) during the taking. Unless, the theft is accomplished using force or fraud.
Contact attorney James Frazier today if you've been accused of theft or fraud at (720) 583-5529.
Colorado charges a person for theft based on the value of the property at issue. Theft can be charged as a petty offense (or even defrauding an innkeeper if someone "dines and dashes"). Theft can also be charged as a second degree felony if the property at issue is valued in excess of $1 million. Refer to the following list to get an understanding of the varying degrees of theft in Colorado.
Class 1 Petty Offense
Value of Property: less than $50.
Potential Penalty: up to 6 months in jail, fine.
Class 3 Misdemeanor
Value of Property: between $50 and $300.
Potential Penalty: up to 6 months in jail, fine.
Class 2 Misdemeanor
Value of Property: between $300 and $750.
Potential Penalty: up to 1 year in jail, $1,000 fine.
Class 1 Misdemeanor
Value of Property: Between $750 and $2,000.
Potential Penalty: Up to 18 months in jail, $5,000 fine.
Class 6 Felony
Value of Property: between $2,000 and $5,000.
Potential Penalty: 1 year to 18 months in jail, potential fines.
Class 5 Felony
Value of Property: between $5,000 and $20,000.
Potential Penalty: 1 to 3 years in jail, potential fines.
Class 4 Felony
Value of Property: between $20,000 and $100,000.
Potential Penalty: 2 to 6 years in jail, potential fines.
Class 3 Felony
Value of Property: between $100,000 but not exceeding $1 million.
Potential Penalty: 4 to 12 years in jail, potential fines.
Class 2 Felony
Value of Property: in excess of $1 million.
Potential Penalty: 8 to 24 years in jail, up to $1 million in fines.
Common charges that may accompany a charge of theft include: identity theft, robbery, burglary, fraud, securities fraud, forgery, defrauding an innkeeper, motor vehicle theft, receiving stolen property, and theft from an at risk (usually elderly) victim.
Note: unlike other states, Colorado statutes don't make use of terms such as "conversion," "embezzlement," or similar phrases. Indeed, Colorado theft laws are primarily concerned with a defendant's intent to deprive another individual (or institution) of property. Thus, the means of the alleged theft are less significant than the defendant's mental state (mens rea) during the taking. Unless, the theft is accomplished using force or fraud.
Contact attorney James Frazier today if you've been accused of theft or fraud at (720) 583-5529.
Frazier Legal LLC
"The arc of the moral universe is long; but it bends towards justice." -- Dr. Martin Luther King Jr.
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