"Owning up to the mistake" did nothing but provide the police with a solid confession, which will limit your attorney's ability to mitigate your situation. You should never speak with police unless you are advised to by your attorney for some unusual reason. There is nothing to gain by doing so. However, to answer your question, there are many different charges that can be brought but most likely it will be Larceny Over $250, which is a felony.
Answered on Jul 24th, 2014 at 4:38 PM