According to Chron.com, in order to combat larceny, companies employ zero tolerance policies that forbid workers from taking from the company inventory. Such rules can be effective, but only if they are enforced regularly. Problems may arise if members of high ranking management decide to bend regulations and help themselves to some of the inventory for personal use. This kind of inconsistent application of the rules could cause the very larceny that a North Carolina employer wishes to avoid.
If you are like many North Carolina residents, you have heard the term larceny but you are not entirely clear on what it means. Understanding the different types and how to defend against them is critical if you find yourself so charged. Larceny requires specific intent, and this element is what differentiates it from common theft.
The term "larceny" sometimes confuses North Carolinians, and that is in part because the term itself is subject to redefinition. Essentially, larceny refers to theft, and the courts used to draw distinctions between grand larceny and petty larceny based on the value of the stolen property. However, North Carolina law has since abolished the distinctions between petty and grand larceny, and all larceny offenses are Class H felonies unless otherwise provided by statute.