The person could be charged with S 165.40 Criminal possession of stolen property. A person is guilty of criminal possession of stolen property in the FIFTH degree when he knowingly possesses stolen property, with intent to benefit himself or a person other than an owner thereof or to impede the recovery by an owner thereof. (Class A misdemeanor). 4th degree - if property exceeds $1000. 3rd degree - if property exceeds $3,000.