8.190 Sale or Receipt of Stolen Goods, Securities and Other Property is a crime in which an individual knowingly buys, sells, exchanges, conceals, receives, or possesses stolen property. This crime can involve both tangible (e.g. physical items such as furniture, electronics, jewelry, etc.) and intangible (e.g. intellectual property such as trade secrets, proprietary software, etc.) property. It is a felony offense that carries a maximum sentence of up to 10 years in prison and a fine of up to $250,000. Depending on the particulars of the case, it is also possible for an individual to face additional charges such as fraud or money laundering. There are two types of 8.190 Sale or Receipt of Stolen Goods, Securities and Other Property: “receiving stolen property” and “possession of stolen property.” Receiving stolen property involves buying, selling, exchanging, concealing, or receiving stolen property. Possession of stolen property involves knowingly possessing stolen property.
8.190 Sale or Receipt of Stolen Goods, Securities and Other Property
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