NJ Justices Clarify Time Limit On Theft, Laundering Charges

Law360, New York (February 12, 2014, 5:39 PM EST) -- Theft by deception and money laundering can represent continuing offenses when they are part of an overall scheme, the New Jersey Supreme Court ruled Wednesday, finding that an indictment over a produce business scam met a five-year window for the latter charge but not the former.

The high court handed down its opinion in the case of Joseph Diorio, who started a wholesale produce company with two partners to allegedly defraud creditors. As part of the “bust-out” scheme, Packed Fresh Produce Inc. allegedly placed orders of...
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