Statutes of Limitations Insurance Fraud?

Answer

The statute of limitation for insurance fraud is the maximum time after a crime is committed within which the defendant can take legal action. This varies for every state. On an average, the jail time is 5 years with a penalty of $5,000 up to $150,000.
Q&A Related to "Statutes of Limitations Insurance Fraud?"
Varies by state. In Minnesota, for example, it is 7 years.
http://wiki.answers.com/Q/What_is_the_statute_of_l...
According to 18 U.S.C. 1343, it is against the law to devise or intend to devise a scheme to defraud or to obtain money or property through false means by using wire, radio or television
http://www.ehow.com/facts_7566421_statute-limitati...
Felony insurance fraud only has statute of
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Short version: if the contract concerns a sale of goods, the limit is $500. Otherwise, it depends on what the contract is about, and the monetary value is irrelevant. Long version
http://www.quora.com/What-is-the-current-monetary-...
Explore this Topic
Three years form the time the plaintiff knew or should have knopwn of the fraud. In a long running, undisclosed fraud the statute of limitations may be tolled. ...
A statute of limitation is a the maximum time allotted after a crime that legal proceedings can be started. After the statute of limitations is up, there can be ...
The statute of limitations in regard to fraud varies from state to state in the US. The average statute of limitation in the US is between three or four years ...
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