ASIS International (ASIS) Professional Certified Investigator Practice Exam

What defines the value for first degree theft?

1. Any value exceeding $1000

2. Value above $2000

3. Value exceeding $2500

4. A specific monetary threshold of $3000

The correct answer is: Value exceeding $2500

First-degree theft is defined by its monetary threshold, which distinguishes it from other degrees of theft based on the seriousness of the crime. In many jurisdictions, first-degree theft applies when the value of the stolen property exceeds a certain amount, typically set to reflect the severity and impact of the crime. In this context, the value exceeding $2500 signifies that the offense is serious enough to warrant harsher penalties and legal implications, thereby categorizing it as first-degree theft. Understanding this classification is crucial as it affects the potential charges, penalties, and legal procedures involved in a theft case. Each jurisdiction may establish different thresholds, but the $2500 mark is commonly recognized in laws pertaining to theft, making it critical for investigators and law enforcement to be aware of these specific thresholds in their work. This knowledge allows for appropriate legal action and accurately categorizes theft offenses based on value.