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If the stolen property has a value of over $20,000 it is considered a felony which carries a prison sentence of up to 10 years and/or a fine of up to $15,000 or three times the value of the stolen property, whichever is greater.
Felony Theft Charges in Michigan If the property you allegedly stole is valued between $1,000 and $20,000, you face felony charges that are punishable by up to five years in prison and a fine of up to $10,000 or three times the value of the property stolen, whichever is greater.
218. (1) A person who, with the intent to defraud or cheat makes or uses a false pretense to do 1 or more of the following is guilty of a crime punishable as provided in this section: (a) Cause a person to grant, convey, assign, demise, lease, or mortgage land or an interest in land.
Michigan Larceny by Conversion Under $200: Misdemeanor punishable by up to 93 days in jail; $200 or more but less than $1,000 or prior convictions: Misdemeanor punishable by up to 1 year in jail; $1,000 or more but less than $20,000 or prior convictions: Felony punishable by up to 5 years in prison;
$200 or more but less than $1,000 or prior convictions: Misdemeanor punishable by up to 1 year in jail; $1,000 or more but less than $20,000 or prior convictions: Felony punishable by up to 5 years in prison; $20,000 or more or prior convictions: Felony punishable by up to 10 years in prison.