How does the statute of limitations apply to white collar crimes?

The statute of limitations is an important part of the criminal justice system, as it sets the time period in which criminal charges may be brought against a defendant. This statute is especially important when it comes to white collar crimes, which are offenses such as fraud, embezzlement, and tax evasion. In New Jersey, the statute of limitations for a white collar crime is generally five years from the date of the offense. If the defendant is charged after five years, they can raise a statute of limitations defense and the charges may be dismissed. However, it is important to note that the statute of limitations may be extended in certain circumstances. For example, if a defendant has left the state of New Jersey, the clock stops ticking, and the statute of limitations does not begin to run until they return. Additionally, if the victim discovers the crime too late, the statute of limitations can be extended beyond five years. It is also important to note that the statute of limitations may be different for certain white collar crimes. For example, tax evasion can have a statute of limitations of up to six years depending on the specific circumstances. Overall, it is important to be aware of the statute of limitations when it comes to white collar crimes in New Jersey. The statute of limitations can be extended in certain situations, and the time limit may be different depending on the crime. It is important for defendants to take note of the applicable statute of limitations so that they can adequately prepare their defense.

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