TheNETng findings show that according to Florida state law, third degree grand theft attracts a five-year jail term or a fine of $5,000.
Dammy Krane is currently being held on a four-count charge for credit card scam, grand theft (third degree), forgery and armed robbery.
A thorough look at the US criminal code explains that grand theft, also called grand larceny, is a term used throughout the United States designating theft that is large in magnitude. Grand theft is contrasted with petty theft, which is theft that is of smaller magnitude or lesser seriousness. continue reading