Cargo Theft becomes a 1st Degree felony when the value of the stolen cargo falls within which range?

• A. $1,500 - $10,000
• B. $10,000 - $100,000
• C. $100,000 - $200,000
• D. $200,000+

Answer: (D)

Value drives the severity of cargo theft. When the stolen cargo is valued at $200,000 or more, the offense is classified as a first-degree felony. That threshold is why the range starting at $200,000 and above is the correct one—lower values fall into lesser felony levels or misdemeanors under the statute.