Possession of stolen goods, also known as receiving stolen property, is a criminal offence that involves knowingly acquiring, possessing, or controlling items that have been unlawfully taken from their rightful owner. The offence typically requires proof that the possessor had knowledge or should have reasonably known that the goods were stolen. Possession of stolen goods laws aim to deter individuals from benefiting from theft and to discourage the circulation of stolen property in the market. Penalties for this offence can vary depending on jurisdiction but often include fines, imprisonment, or both.
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This glossary post was last updated: 29th March, 2024.
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