Supreme Court dismisses prosecution for fraud as the charge was filed after the statute of limitations expired.

The Supreme Court dismissed the prosecution against the defendant for serious fraud, ruling that the charge filed in 1993 was time-barred. Although the lower court had convicted the defendant for aiding fraud based on a 1987 incident, the prosecution was formally initiated years later. The court held that the delay in filing the charge rendered the criminal proceedings inadmissible due to the expiration of the limitation period.