(A) A person to whom a motor vehicle, trailer, or other tangible property delivered on a rental basis under a written agreement providing for its return to a particular place at a particular time who with intent to defraud the lessor refuses or willfully neglects to return the vehicle, trailer, or other tangible property after expiration of the time stated in a written notice mailed by registered or certified mail addressed to than person's last known address is guilty of larceny, punishable as provided in this section.
(B) If the vehicle, trailer, or other tangible property has a value of less than $200, the person is guilty of a misdemeanor punishable by imprisonment for not more than 93 days or a fine of not more than $500 or three times the value of the vehicle, trailer, or other tangible property, whichever is greater, or both imprisonment and a fine.
(C) The values of the property not returned in separate incidents pursuant to a scheme or course of conduct within any 12-month period may be aggregated to determine the total value of property not returned.