Possession of Stolen Property Law and Legal Definition

The offense of property possession of stolen property is made up of two parts. First, a person charged with this offense must have property that was (or was partly) gained by theft, fraud, or any other crime. Second, the person must have known that the property was stolen or gained by fraud. Also, if the prosecutor can show that it was obvious that a reasonable person would have thought the property was stolen and the accused failed to investigate whether it was stolen or not, he or she can be found guilty of possession of stolen property.

A person who is innocently is possession of stolen goods will not be guilty of a crime, but generally, the goods will be returned to the owner.