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Experience:  Over 11 years in practice as a litigator ... civil and criminal
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In Kentucky what is the statute of limitations on embezzle

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In Kentucky what is the statute of limitations on embezzlement?

If the value of the property taken was over $500 then it will be a felony offense with no statute of limitations listed. If it was for less than $500 then it would be a misdemeanor offense with a one year statute of limitations.

 

http://www.lrc.ky.gov/KRS/500-00/050.PDF

 

 

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Customer: replied 7 years ago.
What if it is a third party trying to press these charges? tThe company where it happened bankrupted a few months later and the owner left. The third party said they contacted the FBI. What could happen from this?

It is not important who reports the crime as crimes are considered against the state (or federal) government and not against the individual. The fact that the company is gone may make it more difficult to investigate the matter, but a prosecution could still be brought. It is important for the person who is the subject of this potential investigation to refrain from speaking to anyone and seek counsel immediately. It may not be time to hire a lawyer yet... but if the police show up then the person will have a plan of action that has been arranged with a local attorney.

 

Please reply if I can help further.

 

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