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

The statute of limitations is a law that sets a time limit for a prosecutor to bring criminal charges against a person for a particular crime. In South Dakota, the statute of limitations for white collar crimes depends on the type of crime. For example, the statute of limitations for embezzlement cases is three years, while the statute of limitations for fraud is six years. If a prosecutor does not bring charges within the allotted time period, then the person accused of the crime cannot be held liable and will be immune from prosecution. This means that the accused can no longer be prosecuted for the crime, even if there is overwhelming evidence against them. In some cases, the statute of limitations may be tolled, meaning that it is paused or extended. This can occur if the accused is out of the jurisdiction of South Dakota or if the prosecutor fails to bring charges within the allotted time frame. If the statute of limitations is tolled, then the prosecutor can bring charges against the person, even if it was outside of the original time frame. Overall, the statute of limitations on white collar crimes in South Dakota is an important law that sets a time limit for prosecutors to bring charges against an accused. It also acts as a form of protection for the accused, as they can no longer be held liable for the crime if the prosecutor fails to bring charges within the allotted time frame.

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

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