An employee at a Denville, NJ technology firm was arrested after allegedly stealing more than $20,000 worth of equipment from the company.

The operators of a tech business operating out of Denville reported the theft to Denville, NJ police last week. Police officers investigated the incident and, shortly thereafter, arrested a 23-year-old employee.

The person placed under arrest has been accused of stealing more than $20,000 worth of company equipment. However, police have not yet revealed exactly what items went missing. Beyond that, police have refrained from disclosing exactly how they first came to identify a suspect in the case.

In New Jersey, theft of movable property is addressed by N.J.S.A. 2C:20-3. In accordance with the law, the severity of the penalties in these kinds of cases is to be determined by the monetary value of the stolen property. Here, the accused could potentially be charged with third degree theft because he has been accused of stealing property valued at more than $500. If the accused is convicted of third degree theft, he can be sentenced to between three and five years in prison.

The accused, who is a Montague, NJ resident, was released pending a court appearance to address the charges.

For additional information about this case, check out the NJ.com article entitled “Cops: Denville Company Employee Stole $20,000 Worth of Equipment.”

If you’ve been charged with a theft crime in New Jersey, contact Morristown NJ criminal defense attorney Alissa D. Hascup for a free consultation about your case.