California PC 487(a) – Grand Theft Penalties
The crime of grand theft in California is defined as theft committed where the money, labor, or real or personal property taken has a value exceeding nine hundred fifty dollars ($950). There are many variations of grand theft ranging in criminal sophistication from shoplifting over $950 in merchandise to defrauding investors of hundreds of thousands of dollars through a ponzi scheme. Whichever variation of grand theft you find yourself prosecuted for, you face a wide range of potential penalties if convicted.