Larceny Larceny in is defined in Virginia as the wrongful or fraudulent taking of personal goods of some intrinsic value, belonging to another, without his assent, and with the intention to deprive the owner thereof permanently. The most commonly used statutes dealing with larceny are 18.2-111 (Embezzlement), 18.2-95 (Grand Larceny), 18.2-178 (Obtaining by False Pretenses), 18.2-96 (Petit Larceny), …