Statute of Limitations for Embezzlement in Florida

Florida SOL provides a maximum seven years to prosecute embezzlement.

The theft of funds or property by individuals entrusted with the care or maintenance of that property constitutes embezzlement. The state of Florida recognizes embezzlement as a crime and places certain time limits, known as statutes of limitations (SOL), on the prosecution of embezzlement.

Civil SOL on Embezzlement

Victims of embezzlement have four years from the date of the crime to file civil action against the perpetrator. However, Florida's "Discovery Rule" allows for up to 12 years to file suit from the date of the crime when the embezzlement was not discovered until later.

Misdemeanor Embezzlement

The embezzlement of money or property valued under $300 is a misdemeanor. Under Florida code 775.15, the SOL for the prosecution of a misdemeanor embezzlement charge is three years, with the exception being that of the embezzlement of state funds or property, at which point the SOL is extended to seven years.

Felony Embezzlement

Embezzlement in Florida becomes a felony when the value of the property or total of monies stolen is greater than $300. The SOL on felony embezzlement is five years. Where the embezzlement of state funds or properties is involved, the SOL is extended to seven years.

References

• Law Jrank: Criminal Statutes of Limitation laws
• Law Onecle: Florida Laws-FL Statutes-Title XLVI Crimes Section 775.01
• Expert Law: Florida Statute of Limitations for Civil and Personal Injury Actions