NCCC 21 Ch 11 - Crimes Against Property

Criminal fraud

Knowingly and deliberately obtaining the property of another by false pretenses with intent to defraud. Also called larceny by false pretenses.

Animus furandi

An intent to steal.

Wire fraud

Wire fraud is a federal and state crime involving using wire communications facilities in carrying out a scheme to defraud. Wire fraud is similar to mail fraud except that the instrumentality of the crime is the telephone or other electronic communication technology.

Money laundering

A metaphor used to describe how money acquired through criminal activities is “washed” so that it can appear to have been earned legitimately.

Petit larceny

Larceny that is a misdemeanor rather than a felony. Also called petty larceny.

Efficacy

Effectiveness.

Grand larceny

Larceny that is a felony or of a dollar amount that exceeds a threshold.

Receiving stolen goods

The buying, receiving, or aiding in the concealment of stolen or embezzled property, knowing it to have been stolen.

Constructive possession

Possession not actual, but assumed to exist. When something is under a person's control that person is in constructive possession.

Attempted larceny

An attempt to commit larceny, but falling short of its commission.

Racketeering

Activities of organized criminals who extort money from legitimate businesses.

Asportation

The carrying away of goods.

Negotiable instrument

A written, unconditional order or promise to pay money, which can be transferred by the original receiver to others.

Possession

The detention and control of anything.

Fraud in esse contractus

Fraud as to the essential nature of the transaction.

Chattels

Anything that is the subject of ownership other than real property. Also called personal property and personalty.

Bailee

One to whom personal property is given under a bailment contract.

Uttering

Offering a forged, negotiable instrument to another person, knowing it to be forged and intending to defraud.

Chose in action

Evidence of a right to property, but not the property itself.

Mail fraud

Using the mail system to obtain money, property, or services by false pretenses.

White

collar crimes

Larceny by false pretenses

Knowingly and deliberately obtaining the property of another by false pretenses with the intent to defraud. Also called criminal fraud.