Doug Allen to plead guilty.....

[WhenItWasAHobby]

Leon,

Here's an excerpt from an article for criminal statute of limitations:

Federal statutes are only applicable to federal crimes. Typically, those are crimes which violate a congressionally mandated law or take place on federal property. Mail fraud and burglarizing or vandalizing a federally owned property are examples of what can be considered a federal crime.

Each type of federal crime has it's own type of statute of limitations however there is no statute of limitations for federal crimes punishable by death. Certain federal terrorism crimes do not have a statute of limitations either. Otherwise, prosecution for other federal crimes must begin within 5 years from the time the offense was committed. There are a few exceptions, such as arson, art theft, particular crimes against financial institutions and various immigration offenses which all carry statutes of limitations longer than the five-year norm.

No matter the applicable statute of limitations, the time period can be extended because of certain circumstances. For example, when the accused is a fugitive or the case involves charges of wartime fraud against the government, the statute of limitations can be lengthened.

Examples of federal crimes that receive extended statutes of limitations:

20 years for major theft of art work
10 years for arson, certain crimes against financial institutions and immigration offenses
8 years for non-violent violations of the terrorism-associated statutes

http://www.avvo.com/legal-guides/ugc...s-state-crimes

So in this instance, it appears that 5 years is the statute of limitations because I don't see any of those exceptions applying here.

But, your statement is generally true for civil liability unless it was something that should have been discovered with reasonable diligence. However, PSA does have a buy-back policy, which should be the easiest avenue for recovery.