Rhode Island Theft Policy

State:
Multi-State
Control #:
US-240EM
Format:
Word; 
Rich Text
Instant download

Description

This policy informs employees that theft from the company or other employees will not be tolerated.

How to fill out Theft Policy?

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FAQ

Embezzlement is a wobbler crime, meaning you could be charged with a misdemeanor ro a felony depending upon the value of the property taken: Misdemeanor embezzlement When the property taken is valued at less than $950, you will likely be charged with a misdemeanor.

Stolen property valued at more than $1,500 is considered a felony. The maximum penalty increases as the value of the stolen items increases. For property that exceeds $1,500 but is less than $5,000 in value, the maximum penalty is a three-year prison sentence and a $1,500 fine.

In Rhode Island, felonies are any crimes that may be punished by imprisonment for more than a year and/or a fine of more than $1,000. Crimes with lesser potential punishments are misdemeanors in Rhode Island. (R.I. Gen. Laws § 11-1-2 (2020).)

Penalty for a Theft by Taking Conviction in Georgia The consequences of a misdemeanor include a fine of no more than $1,000 and a jail sentence of no more than 12 months.

Larceny of property or money in excess of $1,500 is a felony in Rhode Island. In addition to a serious criminal conviction, Larceny Over $1,500 but less than $5,000 carries with it up to 3 years in jail and up to a $1,500 fine.

However, if the embezzled amount exceeds $100, then it becomes a felony punishable by up to twenty years in prison, a fine of up to $50,000 or three times the amount of the embezzlement, or both.

WHAT ARE THE PENALTIES? Embezzlement is a 'common law' offence. This means that there is no specific penalty imposed by the government. A Judge, Sheriff or Justice of the Peace can impose the sentence they think is appropriate.

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Rhode Island Theft Policy