A theft is the taking and removing of money or property with the
intent to deprive the owner of it. The taking of property must be
illegal under the law of the state where it occurred and it must have
been done with criminal intent.
Theft includes the taking of money or property by the following
- Kidnapping for ransom.
The taking of money or property through fraud or
misrepresentation is theft if it is illegal under state or local law.
Mislaid or lost property.
disappearance of money or property is not a theft. However, an
accidental loss or disappearance of property can qualify as a casualty
if it results from an identifiable event that is sudden, unexpected,
A car door is accidentally slammed on your hand, breaking the
setting of your diamond ring. The diamond falls from the ring and is
never found. The loss of the diamond is a casualty.