Penalties for Fraud and Theft
Jesse Kalter • June 24, 2022
If Convicted, the Penalties for Fraud and Theft are Steep
Penalties for fraud and theft
charges are steep. In many cases, prosecutors and judges will impose the harshest punishment possible to deter repeat offenses. Building a defense for fraud and theft
charges can take weeks of reviewing evidence. It is highly recommended to consult with a qualified fraud and theft lawyer to achieve the best possible outcome.
Penalties for Fraud and Theft Can Affect the Rest of Someone's Life
Penalties for Fraud and Theft Charges
Auto Insurance Fraud (NRS 686A.290)
If convicted of this charge, a person is guilty of a category D felony. They can face up to:
- 1-4 years in prison
- Pay a fine of up to $5,000 and pay restitution to the victim.
Credit/Debit Card Fraud (NRS 205.760)
This charge
is prosecuted as a category D felony. If convicted a person can face:
- 1-4 years in prison
- Pay a fine up to $5,000 and pay restitution to the victim
Fraud (NRS 465.070)
Gaming fraud
is very serious in the State of Nevada. If convicted of a first time offense, a person is charged with a category C felony. If convicted a person can face:
- 1-5 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If convicted of gaming fraud a second time, a person is guilty of a category B felony. The penalties for this charge are:
- 1-6 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
Foreclosure Fraud (NRS 645F.430)
If a person is found guilty of foreclosure fraud, it is a gross misdemeanor. The penalty for this crime includes:
- Up to 364 days in jail
- A fine up to $50,000 and pay restitution to the victim
If a person is found guilty of foreclosure fraud, it is a gross misdemeanor. The penalty for this crime includes:
- Up to 364 days in jail
- A fine up to $50,000 and pay restitution to the victim
Identity Theft (NRS 205.463)
The most serious offenses of identity theft are prosecuted as a category B felony. If convicted, a person can face:
- 3-20 years in prison
- Pay a fine up to $100,000 and restitution paid to the victim
Lesser forms of identity theft, such as possession of a fake ID to drink or gamble and possessing false identification to establish a fake identify, carry penalties including:
- Up to 6 months in jail
- A fine up to $1,000 and pay restitution to the victim
Penalties for Theft in Nevada
Petit Larceny (Petty Theft) (NRS 205.240)
If it is the first offense, it can be argued that the case be dismissed in exchange for restitution, a fine, and mandatory classes on petit larceny. If the State decides to prosecute, this charge is a misdemeanor and punishable by:
- Up to 6 months in jail
- A fine up to a $1,000 and pay restitution to the victim
Grand Larceny (NRS 205.220)
The State prosecutes this charge as a category D, C, or B felony based on the value of the stolen item or service.
If the value was $1,200 - $5,000 then a person can face a category D felony and penalties that include:
- 1-4 years in prison
- Pay a fine up to $5,000 and pay restitution to the victim
If the value was $5,000 - $25,000 then a person can face a category C felony and penalties that include:
- 1-5 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If the value was $25,000 - $100,000 then a person can face a category B felony and penalties that include:
- 1-10 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If the value was more than $100,000 then a person can face a category B felony and penalties that include:
- 1-20 years in prison
- Pay a fine up to $15,000 and pay restitution to the victim
Shoplifting (NRS 205.240)
Shoplifting is considered a larceny charge and the penalties depend on the value of the item stolen from the establishment. If the value of the item is less than $1,200, then a person is charged with petit larceny, a misdemeanor and punishable by:
- Up to 6 months in jail
- Pay a fine up to a $1,000
If the stolen items are valued at more than $1,200, the state prosecutes this charge as a felony based on the value of the stolen item or service.
If the value was $1,200 - $5,000 then a person can face a category D felony and penalties that include:
- 1-4 years in prison
- Pay a fine up to $5,000 and pay restitution to the victim
If the value was $5,000 - $25,000 then a person can face a category C felony and penalties that include:
- 1-5 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If the value was $25,000 - $100,000 then a person can face a category B felony and penalties that include:
- 1-10 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If the value was more than $100,000 then a person can face a category B felony and penalties that include:
- 1-20 years in prison
- Pay a fine up to $15,000 and pay restitution to the victim
Robbery (NRS 200.380)
If convicted of robbery and a person did not use a deadly weapon, a person can face a category B felony and penalties that include:
- 2-15 years in prison.
- Pay a fine up to $10,000 and pay restitution to the victim
Embezzlement (NRS 205.300)
Embezzlement is another form of larceny, and the penalties depend on the value of the stolen items. If the value of the item is less than $1,200 then a person is charged with petit larceny. If convicted, this charge is a misdemeanor and punishable by:
- Up to 6 months in jail
- Pay a fine up to a $1,000 and pay restitution to the victim
If the stolen items are valued at more than $1,200, the state prosecutes this charge as a category D, C, or B felony based on the value of the stolen item or service.
If the value was $1,200 - $5,000 then a person can face a category D felony and penalties that include:
- 1-4 years in prison
- Pay a fine up to $5,000 and pay restitution to the victim
If the value was $5,000 - $25,000 then a person can face a category C felony and penalties that include:
- 1-5 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If the value was $25,000 - $100,000 then a person can face a category B felony and penalties that include:
- 1-10 years in prison
- Pay a fine up to $10,000 and pay restitution to the victim
If the value was more than $100,000 then a person can face a category B felony and penalties that include:
- 1-20 years in prison
- Pay a fine up to $15,000 and pay restitution to the victim
Possession of Stolen Property (205.275)
If convicted of possession of stolen property, a person is facing the same penalties for all other larceny charges. The length of the prison term or size of the fine is based on the value of the stolen items.
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