California, United States of America
The following excerpt is from People v. Daniel William Heath, G040653, Super. Ct. No. RIF117775 (Cal. App. 2011):
Section 803, subdivision (c)(1) lists fraud-related offenses for which the statute of limitations is tolled until the crime is discovered. Included in that list are four crimes of which defendants were convicted: grand theft, elder theft, securities fraud, and sales of unqualified or nonexempted securities. ( 803, subd. (c)(1), (3), & (11); People v. Fine (1997) 52 Cal.App.4th 1258, 1266 [ 803, subd. (c) applies to violation of Corp. Code, 25110].) The limitations period for these crimes is four years after "discovery of the commission of the offense," or four years after completion of the offense, whichever is later. ( 801.5.)
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