Fraud Statute of Limitations
What is the Federal Statute of Limitations for Fraud?
The federal statute of limitations for fraud is generally five years from the date of the commission of the crime, but it can be six years in some cases.
The general rule for most fraud offenses is that the government has five years to bring criminal charges against an individual. This includes fraud offenses such as mail fraud, wire fraud, and bank fraud.
However, for fraud or breach of trust, the statute of limitations is six years, this means that the government has six years to bring criminal charges against an individual. This would include securities fraud, insurance fraud, mortgage fraud and consumer fraud.
It's important to note that these are general rules and that some other specific circumstances may affect the statute of limitations. For example, if the government can prove that the defendant concealed or disguised the nature, location, source, ownership, or control of the property that is the subject of the fraud, the statute of limitations may be tolled (or extended) until the discovery of the offense. Additionally, there is no statute of limitations for certain fraud offenses involving death or serious bodily injury, or if the defendant has fled the jurisdiction.
It's always best to consult with an attorney to determine the specific statute of limitations for a particular case.