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  1. #31
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    Re: Brendon Ayanbedejo almost lost his ring already



    Quote Originally Posted by jonboy79 View Post
    well, yeah... You could melt it down for raw materials weight no your own(only takes a torch... You could sell it privately to some rich guy to put in his trophy case... I was jsut sayign that it's not like you can find the ring nd put it on Ebay for $30k, or walk in to "Gold and Silver Pawn" and get $15k... The fact that you can't legally sell it means that whatever you do with it will mean you get pennies on the dollar...
    You'll be free to sell it once the statute of limitations runs out. That was my point.

    Now the owner of the ring might try to sue you civilly but as long as you're being discreet about it, they may never know about it.
    WARNING: This post may contain material offensive to those who lack wit, humor, common sense and/or supporting factual or anecdotal evidence. All statements and assertions contained herein may be subject to literary devices not limited to: irony, metaphor, allusion and dripping sarcasm.




  2. #32

    Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by HoustonRaven View Post
    You'll be free to sell it once the statute of limitations runs out. That was my point.

    Now the owner of the ring might try to sue you civilly but as long as you're being discreet about it, they may never know about it.
    I would think, could be wrong, that Discreet, and top dollar are mutually exclusive terms when dealing with an item such as this. I would think a high end auction would be the best place to sell, and is far from discreet.




  3. #33
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    Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by jonboy79 View Post
    I would think, could be wrong, that Discreet, and top dollar are mutually exclusive terms when dealing with an item such as this. I would think a high end auction would be the best place to sell, and is far from discreet.
    There's so many grey and black markets out there you'd have ZERO trouble fencing something that valuable.

    Just have to know where to look.
    WARNING: This post may contain material offensive to those who lack wit, humor, common sense and/or supporting factual or anecdotal evidence. All statements and assertions contained herein may be subject to literary devices not limited to: irony, metaphor, allusion and dripping sarcasm.




  4. #34

    Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by HoustonRaven View Post
    There's so many grey and black markets out there you'd have ZERO trouble fencing something that valuable.

    Just have to know where to look.
    I get that, but for what price? Methinks those gray markets generally operate far below fair market value. 33% tops...




  5. #35
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    Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by jonboy79 View Post
    I get that, but for what price? Methinks those gray markets generally operate far below fair market value. 33% tops...
    If you're desperate for money? Yes.

    If you're patient and don't need the cash right away, you're going to find someone out there who is an uber Ravens fan willing to pony up the dough for a one of kind trophy for the man cave.
    WARNING: This post may contain material offensive to those who lack wit, humor, common sense and/or supporting factual or anecdotal evidence. All statements and assertions contained herein may be subject to literary devices not limited to: irony, metaphor, allusion and dripping sarcasm.




  6. Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by HoustonRaven View Post
    Strictly speaking, there are ways around this.

    Theft has a statute of limitations. If you happened to be the one to find the ring and successfully hid the fact you removed the ring, all you'd have to do is keep it (and keep your mouth shut) until the statute runs out.


    While the statute of limitations on the theft (for purpose of prosecution) may run out, the stolen property remains the property of the individual who lost it. So at a certain point you could no longer be prosecuted for stealing it, but ownership of the property doesn't simply transfer to the person possessing it once the statute on the theft runs out, especially when the owner's identity is affixed to it.

    There is no statute of limitations on recovering stolen property and technically while you couldn't be charged with theft after the statute ran out you could certainly still be charged with possession of stolen property.




  7. #37
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    Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by Thyrl View Post
    While the statute of limitations on the theft (for purpose of prosecution) may run out, the stolen property remains the property of the individual who lost it. So at a certain point you could no longer be prosecuted for stealing it, but ownership of the property doesn't simply transfer to the person possessing it once the statute on the theft runs out, especially when the owner's identity is affixed to it.
    Agreed.

    Which I explained later in the thread.

    Quote Originally Posted by Thyrl View Post
    There is no statute of limitations on recovering stolen property and technically while you couldn't be charged with theft after the statute ran out you could certainly still be charged with possession of stolen property.
    Not agreed.

    Just like any law, it depends on the state and they all have a statute of limitations on criminal charges (except for murder).
    WARNING: This post may contain material offensive to those who lack wit, humor, common sense and/or supporting factual or anecdotal evidence. All statements and assertions contained herein may be subject to literary devices not limited to: irony, metaphor, allusion and dripping sarcasm.




  8. Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by HoustonRaven View Post



    Not agreed.

    Just like any law, it depends on the state and they all have a statute of limitations on criminal charges (except for murder).
    The statute on theft will run out, but the property remains stolen property. You can't be in possession of stolen property (knowingly) and claim protection under the statute. You'd still be in possession of it.




  9. #39
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    Re: Brendon Ayanbedejo almost lost his ring already

    Quote Originally Posted by Thyrl View Post
    The statute on theft will run out, but the property remains stolen property. You can't be in possession of stolen property (knowingly) and claim protection under the statute. You'd still be in possession of it.
    Statute of limitations in CA (where BA lives and where the ring was left at the bar) for receiving stolen property is three years.

    Only remedy after three years is civil court and as states earlier, the owner would have know you have it.
    WARNING: This post may contain material offensive to those who lack wit, humor, common sense and/or supporting factual or anecdotal evidence. All statements and assertions contained herein may be subject to literary devices not limited to: irony, metaphor, allusion and dripping sarcasm.




  10. #40
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    Re: Brendon Ayanbedejo almost lost his ring already

    Pretty sure that selling the stolen ring would start a new time limit as the seller would be knowingly selling stolen property, which is a different crime from the actual theft.
    My motto was always to keep swinging. Whether I was in a slump or feeling badly or having trouble off the field, the only thing to do was keep swinging. -Hank Aaron




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