In cargo theft, theft of property valued at $200,000 or more is charged as which degree?

• A. Cargo Theft - 2nd Degree Felony
• B. Cargo Theft - 3rd Degree Felony
• C. Cargo Theft - 1st Degree Felony
• D. State Jail Felony

Answer: (C)

The main idea is that cargo theft is graded by how much the stolen property is worth, with higher values leading to more serious charges. When the value is at least $200,000, the offense is charged as a first-degree felony, which is the most severe level in the cargo theft statute. This reflects the greater harm and potential penalty associated with very valuable cargo. If the value were lower, the offense would fall into a lower degree, but once $200,000 or more is involved, the first-degree designation applies. First-degree felonies carry substantial potential prison time and penalties, underscoring why this threshold defines the correct answer.