Massachusetts Jury Instruction - Theft Or Embezzlement By Bank Employee
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FAQ
These penalties also apply for larceny and embezzlement in Massachusetts: If committed by a fiduciary, up to 10 years in prison and up to $2000 fine. If committed by a municipal officer, up to 10 years in prison and up to $2000 fine. If committed by a broker, up to five years in prison and a $500 fine.
Larceny Under $1200 is a theft or property crime. And, it is a misdemeanor offense. Larceny Under $1200 is a misdemeanor crime in Massachusetts. The penalties for Larceny Under $1200 include jail and probation.
A conviction for larceny by embezzlement over $250 is punishable by the following: Imprisonment in the state prison for no more than 5 years, or. A maximum fine of $25,000 and imprisonment in jail for no more than 2.5 years.
Generally speaking, stolen property that is valued at less than $250, is usually classified as petty larceny, which is a misdemeanor offense in Massachusetts. If the stolen property is valued at greater than $250, the law considers the offense to be classified as grand larceny, which is a felony in Massachusetts.
Section 30 of chapter 266 of our General Laws provides as follows: ?[W]hoever unlawfully, and with intent to steal or embezzle, converts, or secretes with intent to convert, the property of another . . . , whether such property is or is not in his possession at the time of such conversion or secreting, shall be guilty ...