A person commits the criminal offense of receiving stolen property if the person buys or receives any property knowing that it has been stolen. Laws regarding receiving stolen property vary from state to state and some states also make it a crime to receive property obtained by extortion, or to conceal, sell, withhold, or aid in concealing, selling, or withholding any property from the owner, knowing the property was stolen or obtained by extortion, for example.

The criminal offense of receiving stolen property may be charged as a misdemeanor or as a felony in many states (a wobbler offense)—usually depending on the value of the stolen property.

Laws regarding receiving stolen property are generally located in a state’s statutes—often in the penal or criminal code.

In Nevada, the crime of receiving stolen property is addressed under Nevada Revised Statutes (NRS) 205.275. According to this statute, a person is guilty of receiving stolen property if they knowingly buy, receive, possess, or withhold property that they know or have reason to believe is stolen. The severity of the charge in Nevada depends on the value of the property received. If the value of the property is less than $650, it is considered a misdemeanor. If the value is $650 or more but less than $3,500, it is treated as a category C felony. For property valued at $3,500 or more, the offense is a category B felony. Additionally, Nevada law also criminalizes the possession of stolen property with the intent to sell, which can further elevate the seriousness of the charges. The specific penalties for each level of offense include fines, restitution, and potential imprisonment, with the severity of the punishment increasing with the value of the property involved.