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-   -   Statute of limitations for fraud (https://www.askmehelpdesk.com/showthread.php?t=170017)

  • Jan 7, 2008, 08:25 PM
    Wenda
    Statute of limitations for fraud
    What is the statute of limitations for charging someone with fraud. A person gave some money to someone to invest in a specific, agreed upon manner and then found out that the money was used for something else entirely and ultimately most of the money was lost. There is a promisary note signed by both parties stating what the money was to be used for but no lawyer was involved.
  • Jan 8, 2008, 06:00 AM
    tickle
    Fraud is fraud and as you describe it, should have been reported as soon as you found out that the activities were fraudulent, especially when there is proof of a promissory note stating the purpose of the money lent.

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