Larceny By Trick

When someone who has been entrusted with property and is expected to dispose of it in some pre-agreed upon way in fact misappropriates that property for his own gain, he is guilty of “larceny by trick” if he in fact succeeds in misappropriating the property. A classic example of this is the 1779 case (R. v. Pear) of a man who leased a horse with the intention of selling it (which he in fact did). Another familiar example might be one friend borrowing something from another friend with the intention of selling it. Larceny by trick – a nasty little species of criminal prankishness.