What is the statute of limitations for embezzlement charges?

Full question:

What is the statue of limitations on filing charges for embezzlement?

  • Category: Criminal
  • Date:
  • State: Oklahoma

Answer:

The statute of limitations for filing charges for embezzlement varies based on the specifics of the crime:

  • For embezzlement of public money, bonds, securities, or property of the state or its subdivisions, charges must be filed within seven years after the crime is discovered.

  • For embezzlement or misappropriation of public money, bonds, or property related to school districts, including student activity funds, charges must be filed within five years after discovery.

  • For other criminal offenses, the general rule is that prosecutions must be commenced within three years after the crime's commission.

In cases where the defendant is out of state, the time limit resumes once they return to the state.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Embezzlement occurs when a person in a position of trust misappropriates or takes funds or property for their personal use. This typically involves an employee or official who has access to assets and uses that access to divert money or property without authorization. The act must be intentional, and the individual must have a legal right to possess the property at some point.