Grand Larceny – Va. Code 18.2-95 – Prohibits larceny from the person of another of $5.00 or more in value, or larceny of goods that have a value more than $200. This offense is punished as an unclassified Felony (up to 20 years and up to $2,500 fine).
Petit Larceny – Va. Code 18.2-96 – Prohibits larceny from the person of another in an amount less than $5.00, or larceny of goods that is worth less than $200. This offense is punished as a Class 1 Misdemeanor (up to 12 months in jail and up to $2,500 fine).
