Receiving Stolen Goods 16-13-180 is the possession of property of another with the knowledge or reason to believe that it is stolen. It is a misdemeanor if the value of the property is less than $1,000. If the value of the items are more than $1,000 the possible punishments are five years or even 10 years. Furthermore, if you are convicted of this or other property crimes, it can have serious repercushions if you are ever charged with another property crime. You need a skilled attorney to make sure you are not wrongfully convicted and to make sure you are not charged with the wrong offense or an offense that could later destroy your life.