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

In New Mexico, the statute of limitations applies to white collar crimes in the same way as it does to other crimes. Generally speaking, it is a set period of time that a person can be prosecuted for a crime. After the statute of limitations has passed, a person cannot be prosecuted for the crime. In New Mexico, the statute of limitations for white collar crimes is five years. This means, that if someone were to commit a white collar crime in New Mexico, they may only be prosecuted for it within five years of it being committed. If five years has passed and a person has not been charged, then they cannot be prosecuted. However, if a person leaves the state, the statute of limitations can be suspended, which would mean that the person can still be prosecuted at a later date. The statute of limitations for white collar crimes exists to protect individuals from having to face unlimited prosecution for a crime that they have committed. This allows people to move on with their lives without having to worry about being constantly on guard for prosecution. Furthermore, it also ensures that cases are heard in a timely manner, as evidence can become lost or stale over time.

Related FAQs

What are the consequences for violating banking regulations?
What are examples of white collar crime?
What is the penalty for obstruction of justice?
What is the difference between a white collar crime and a banking crime?
Is white collar crime a federal offense?
What is the difference between a plea bargain and a plea agreement?
How is a civil lawsuit related to a white collar crime?
What are the penalties for health care fraud?
What is the difference between bribery and extortion?
How is mail fraud committed?

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

Related FAQs

Related Blog Posts