This is one of several terms for a criminal offense in which someone has knowingly assumed ownership of stolen item(s).
A person who has sufficient reason to believe that an item is stolen and still accepts it can also be charged with this crime. However, acceptance of stolen property by someone who is unaware of how it was initially obtained or who has no reason to believe it was stolen is not a crime.
In order to secure a conviction for possession of stolen goods, a prosecutor must generally be able to demonstrate that:
Depending on the jurisdiction and/or the value of the item(s), the offense may be a misdemeanor or felony.