In a Virginia Grand Larceny case, is the value of the item stolen the “replacement value” or the “actual value”? Ask the Arlington-Fairfax Criminal Law Attorney.
Briefly stated, the measure of value of a stolen item is the actual value for Virginia Grand Larceny purposes. However, there are some circumstances where the replacement value can be used. “Larceny” is stealing, theft, or shoplifting. To convict, the prosecutor must prove (1) that the defendant took personal property belonging to another and carried it away; (2) that the taking was against the will and without the consent of the owner; and (3) that…