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Inflation Increases Likelihood of Felony Theft Charges

Loaded on June 15, 2021 by David Reutter published in Criminal Legal News July, 2021, page 21
Filed under: Loss - Calculation/Determination of. Location: United States of America.

by David M. Reutter

About 45,000 Americans were imprisoned for thefts of less than $10,000, a 2016 report by the Brennen Center for Justice at New York University found. As inflation rises, the chance of a petty theft becoming a felony theft increases.

The threshold for what constitutes a petty ...

 

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