We’ve successfully defended clients against grand larceny, embezzlement, fraud, and complex multi-count white collar indictments.
Grand Larceny
Charged with Grand Larceny or Financial Crime in New York?
Serving Dutchess, Ulster, Orange, Putnam, Columbia, Greene & the Greater Hudson Valley
Understanding Grand Larceny & Financial Crime Charges
A charge of Grand Larceny under New York Penal Law §155.30 and above is a felony offense that involves unlawfully taking property, money, or financial instruments valued over $1,000 with the intent to permanently deprive the rightful owner. These charges can range from Class E to Class B felonies depending on the value, with potential prison sentences of up to 25 years.
Even if the alleged offense is non-violent, the consequences are severe—felony convictions can bring incarceration, restitution, asset forfeiture, and long-term damage to your career and reputation. Facing these charges without skilled representation can feel overwhelming, but with the right defense team, you can protect your rights and move forward strategically.
At McCabe, Coleman, Ventosa & Patterson, we have defended clients across Dutchess, Ulster, Orange, Columbia, Greene, and Putnam counties against grand larceny, embezzlement, benefits fraud, and other financial crimes. Our attorneys—former public defenders with extensive courtroom experience—know how to challenge complex financial evidence, negotiate with prosecutors, and pursue the best possible outcome.
Degrees of Grand Larceny in New York
| Charge | Value Involved | Classification | Possible Sentence |
|---|---|---|---|
| Grand Larceny 4th (PL §155.30) | Over $1,000 | Class E Felony | Up to 4 years in prison |
| Grand Larceny 3rd (PL §155.35) | Over $3,000 | Class D Felony | Up to 7 years in prison |
| Grand Larceny 2nd (PL §155.40) | Over $50,000 | Class C Felony | Up to 15 years in prison |
| Grand Larceny 1st (PL §155.42) | Over $1,000,000 | Class B Felony | Up to 25 years in prison |
Additional Potential Consequences
For any degree of Grand Larceny, you may also face:
- A permanent felony criminal record
- Restitution and heavy fines
- Probation supervision for years
- Asset forfeiture of property linked to the offense
- Loss of employment or professional licenses
- Immigration consequences if you are not a U.S. citizen
Even first-time offenders risk life-changing penalties, particularly in cases involving breach of trust or vulnerable victims.
Common Questions About Grand Larceny Charges
Prison is possible for all degrees of grand larceny, but outcomes vary widely depending on the value involved, your criminal history, and whether restitution can be arranged. First-time offenders sometimes avoid prison with the right defense strategy..
A felony conviction can seriously impact your career. Many employers, licensing boards, and professional organizations treat theft-related offenses as disqualifying. Early and strategic defense is critical to protect your livelihood.
Yes. Felony charges are part of the public record and may appear in background checks, news reports, or professional licensing reviews. We work to resolve cases discreetly and limit long-term damage.
Financial crime cases often take months—or longer—because they rely on financial records, audits, and expert testimony. Complex cases may involve grand jury indictments and extended pre-trial negotiations.
DDo not speak to investigators or employers without legal counsel. Gather any financial records, communications, or documents that may help establish your defense, and contact an attorney immediately to protect your rights.
Why Choose Us for Your Grand Larceny & Financial Crime Defense?
Let's Put This Behind You
A Grand Larceny or financial crime charge can feel like a major setback—but it doesn’t have to define your future. At McCabe, Coleman, Ventosa & Patterson, we understand what’s at stake, and we know how to protect your record, your reputation, and your future.