Grand larceny, according to Virginia Code 18.2-95, is the act of taking property whose value is five (5) dollars and above from someone’s person. ‘From someone’s person is mostly referred to as ‘direct taking' of items. The crime also involves indirectly taking of personal property that is worth five hundred (500) dollars and above.

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Grand Theft in the Third Degree: If the value of the property stolen is more than $300 but less than $20,000.00, then the offense will be classified as a Grand Theft in the Third Degree, which is a Third Degree Felony punishable by a maximum sentence of 5 years in Florida State Prison and a $5,000.00 fine.
Penalties for Grand Larceny in Virginia. Grand larceny can be punishable as a felony or misdemeanor. As a felony, the penalties for grand larceny is imprisonment in a state correctional facility for 1 to 20 years. At the discretion of the court or jury, grand larceny can be punished with up to 12 months in jail and fined up to $2,500. The infamous Grand Theft Auto 6 leak was a colossal tragedy for Rockstar, and it landed the teen leaker into mountains of legal trouble. One of the most anticipated games is Grand Theft Auto 6
The punishments for a felony can include a prison sentence of more than one year, and/or significant fines up to tens of thousands of dollars. The penalties can increase in proportion to the amount of property stolen. Larceny in the first degree for theft above $50,000.
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grand theft auto minimum sentence