In South Carolina, bank robbery and larceny are considered felonies and are punishable by law. Bank robbery is defined as the unlawful taking of money or other property from a financial institution by force, violence, or threat of violence. It is a serious crime that carries significant penalties under both state and federal law. Larceny is defined as the unlawful taking of another person’s property with the intent to keep it permanently. Types of South Carolina Bank Robbery and Larceny include bank robbery, armed robbery, felony larceny, grand larceny, petite larceny, and burglary. Penalties for bank robbery and larceny in South Carolina range from fines and imprisonment to restitution, community service, and probation.