Class 1 misdemeanor – 0 to 1 year in jail and/or fine up to $2,500; OR
Unclassified Felony – 0 to 20 years in jail and/or fine up to $2,500.
Concealing goods with the intention to commit larceny is punished as if it were a completed larceny. If the value of the goods concealed is less than $500, then it is punished as petit larceny with up to one year in jail. If the value of the goods concealed is equal to or greater than $500, then it is punished as grand larceny, a felony, with up to 20 years in jail.
§ 18.2-103. Concealing or taking possession of merchandise; altering price tags; transferring goods from one container to another; counseling, etc., another in performance of such acts.
Whoever, without authority, with the intention of converting goods or merchandise to his own or another’s use without having paid the full purchase price thereof, or of defrauding the owner of the value of the goods or merchandise, (i) willfully conceals or takes possession of the goods or merchandise of any store or other mercantile establishment, or (ii) alters the price tag or other price marking on such goods or merchandise, or transfers the goods from one container to another, or (iii) counsels, assists, aids or abets another in the performance of any of the above acts, when the value of the goods or merchandise involved in the offense is less than $500, shall be guilty of petit larceny and, when the value of the goods or merchandise involved in the offense is $500 or more, shall be guilty of grand larceny. The willful concealment of goods or merchandise of any store or other mercantile establishment, while still on the premises thereof, shall be prima facie evidence of an intent to convert and defraud the owner thereof out of the value of the goods or merchandise.