First time offense petty larceny 47 yrs old

If you were arrested for a first offense petit larceny in NYC, the likely outcome is an Adjournment in Contemplation of Dismissal, better known as an ACD, with one or two days of some type of community service.  An ACD is not an acknowledgement of guilt in any way.  If after 6 months, you have not been rearrested for any other offense, the case will be dismissed and sealed.   The above resolution assumes that the amount stolen was nominal and that there is nothing more to the case but a simple theft.  While an ACD is a great outcome, it can have negative impacts for individuals in certain professional fields, including banking.  It also can have implications if you are not a United States Citizen.