What is Larceny? In Oklahoma, larceny is defined as taking someone else's property, with the intent to deprive them of it, through the use of fraud or stealth. Okla. Stat. tit. 21 § 1701. This is a broadly written statute and it can be construed to apply to a number of situations. It is divided between petit larceny for amounts under $500 and grand larceny for amounts $500 or … [Read more...] about Fighting a Wagoner Larceny From a House Charge