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 Oklahoma, the crime of receiving stolen property is addressed under Oklahoma Statutes Title 21, Section 1713. A person commits this offense if they receive, possess, conceal, sell, or dispose of any stolen property, knowing or having reasonable cause to believe it was stolen. The law also applies to property obtained by extortion. The severity of the charge in Oklahoma, whether it is a misdemeanor or a felony, typically depends on the value of the property. If the value of the stolen property is less than $1,000, the offense is generally considered a misdemeanor. If the value is $1,000 or more, the offense is treated as a felony. Penalties for receiving stolen property can include fines, imprisonment, or both, and are more severe for felony charges compared to misdemeanors.