If you look at Minnesota's main theft crime statute alone, Section 609.52, you can see that there are dozens of categories of theft. Many factors other that the amount of claimed loss can affect whether the crime is a felony, gross misdemeanor, or misdemeanor. One example would be prior theft convictions. If none of these other factors exist however, in general (under the remaining sentencing provision), theft up to $500 is a misdemeanor, theft over $500 to $1000 is a gross misdemeanor, and theft over $1,000 is a felony.
There are many categories of theft. However, as a general rule, a value below $500 isa misdemeanor. A value between $500 and $1000 is a gross misdemeanor. Anything with a value greater than $1000 is a felony offense where potential penalties depend on the amount alleged to have been taken.
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