{ "id": 3692475, "name": "STATE of New Mexico, Plaintiff-Appellee, v. Joseph C. COLLINS, Defendant-Appellant", "name_abbreviation": "State v. Collins", "decision_date": "2007-06-19", "docket_number": "No. 25,942", "first_page": "419", "last_page": "427", "citations": [ { "type": "official", "cite": "142 N.M. 419" }, { "type": "parallel", "cite": "166 P.3d 480" }, { "type": "parallel", "cite": "2007-NMCA-106" } ], "court": { "name_abbreviation": "N.M. Ct. App.", "id": 9025, "name": "Court of Appeals of New Mexico" }, "jurisdiction": { "id": 52, "name_long": "New Mexico", "name": "N.M." }, "cites_to": [ { "cite": "2001-NMCA-061", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 352625 ], "weight": 3, "pin_cites": [ { "page": "\u00b617" } ], "opinion_index": 0, "case_paths": [ "/nm/130/0670-01" ] }, { "cite": "2004-NMSC-019", "category": "reporters:neutral", "reporter": "NMSC", "case_ids": [ 1428026 ], "weight": 3, "pin_cites": [ { "page": "\u00b617" } ], "opinion_index": 0, "case_paths": [ "/nm/135/0621-01" ] }, { "cite": "2005-NMCA-111", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 2549129 ], "weight": 4, "pin_cites": [ { "page": "\u00b612" } ], "opinion_index": 0, "case_paths": [ "/nm/138/0312-01" ] }, { "cite": "105 N.M. 366", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1598978 ], "weight": 2, "pin_cites": [ { "page": "368" }, { "page": "1391" } ], "opinion_index": 0, "case_paths": [ "/nm/105/0366-01" ] }, { "cite": "94 N.M. 356", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1573173 ], "weight": 2, "pin_cites": [ { "page": "359-61" }, { "page": "763-65" } ], "opinion_index": 0, "case_paths": [ "/nm/94/0356-01" ] }, { "cite": "116 N.M. 123", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 727722 ], "weight": 2, "pin_cites": [ { "page": "126" }, { "page": "768" } ], "opinion_index": 0, "case_paths": [ "/nm/116/0123-01" ] }, { "cite": "118 N.M. 762", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1563621 ], "weight": 2, "year": 1994, "pin_cites": [ { "page": "766", "parenthetical": "internal quotations marks and citations omitted" }, { "page": "760", "parenthetical": "internal quotations marks and citations omitted" } ], "opinion_index": 0, "case_paths": [ "/nm/118/0762-01" ] }, { "cite": "107 N.M. 126", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1597058 ], "weight": 2, "year": 1988, "pin_cites": [ { "page": "131" }, { "page": "1319" } ], "opinion_index": 0, "case_paths": [ "/nm/107/0126-01" ] }, { "cite": "2005-NMSC-017", "category": "reporters:neutral", "reporter": "NMSC", "case_ids": [ 2549417 ], "weight": 3, "year": 1988, "pin_cites": [ { "page": "\u00b612" } ], "opinion_index": 0, "case_paths": [ "/nm/138/0001-01" ] }, { "cite": "103 N.M. 655", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 711335 ], "weight": 2, "pin_cites": [ { "page": "658-59" }, { "page": "4-5" } ], "opinion_index": 0, "case_paths": [ "/nm/103/0655-01" ] }, { "cite": "78 N.M. 127", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 5324373 ], "weight": 2, "year": 1967, "pin_cites": [ { "page": "129" }, { "page": "984" } ], "opinion_index": 0, "case_paths": [ "/nm/78/0127-01" ] }, { "cite": "2006-NMCA-051", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 2545024 ], "weight": 3, "pin_cites": [ { "page": "\u00b629" } ], "opinion_index": 0, "case_paths": [ "/nm/139/0431-01" ] }, { "cite": "120 N.M. 38", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1558868 ], "weight": 2, "pin_cites": [ { "page": "45-46" }, { "page": "232-33" } ], "opinion_index": 0, "case_paths": [ "/nm/120/0038-01" ] }, { "cite": "85 N.M. 328", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 2770362 ], "weight": 2, "pin_cites": [ { "page": "332" }, { "page": "92" } ], "opinion_index": 0, "case_paths": [ "/nm/85/0328-01" ] }, { "cite": "2004-NMCA-097", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 1224668 ], "weight": 6, "pin_cites": [ { "page": "\u00b69" }, { "page": "\u00b613" }, { "page": "\u00b613" } ], "opinion_index": 0, "case_paths": [ "/nm/136/0253-01" ] }, { "cite": "99 N.M. 44", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1584522 ], "weight": 2, "year": 1982, "pin_cites": [ { "page": "46" }, { "page": "877" } ], "opinion_index": 0, "case_paths": [ "/nm/99/0044-01" ] }, { "cite": "2003-NMCA-147", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 77175 ], "weight": 4, "pin_cites": [ { "page": "\u00b614" }, { "page": "\u00b616" } ], "opinion_index": 0, "case_paths": [ "/nm/134/0705-01" ] }, { "cite": "111 N.M. 357", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 715214 ], "weight": 2, "year": 1991, "pin_cites": [ { "page": "361" }, { "page": "628" } ], "opinion_index": 0, "case_paths": [ "/nm/111/0357-01" ] }, { "cite": "2006-NMSC-011", "category": "reporters:neutral", "reporter": "NMSC", "case_ids": [ 2544090 ], "weight": 3, "pin_cites": [ { "page": "\u00b635" } ], "opinion_index": 0, "case_paths": [ "/nm/139/0211-01" ] }, { "cite": "1997-NMSC-018", "category": "reporters:neutral", "reporter": "NMSC", "case_ids": [ 142214 ], "weight": 3, "pin_cites": [ { "page": "\u00b69" } ], "opinion_index": 0, "case_paths": [ "/nm/123/0124-01" ] }, { "cite": "2006-NMSC-050", "category": "reporters:neutral", "reporter": "NMSC", "case_ids": [ 3671204 ], "weight": 7, "pin_cites": [ { "page": "\u00b614" }, { "parenthetical": "citation omitted" }, { "parenthetical": "citation omitted" }, { "parenthetical": "citation omitted" }, { "parenthetical": "citation omitted" } ], "opinion_index": 0, "case_paths": [ "/nm/140/0644-01" ] }, { "cite": "2006-NMSC-036", "category": "reporters:neutral", "reporter": "NMSC", "case_ids": [ 3671970 ], "weight": 3, "pin_cites": [ { "page": "\u00b620" } ], "opinion_index": 0, "case_paths": [ "/nm/140/0182-01" ] }, { "cite": "112 N.M. 3", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 720274 ], "weight": 2, "year": 1991, "pin_cites": [ { "page": "7", "parenthetical": "internal quotation marks and citation omitted" }, { "page": "1227", "parenthetical": "internal quotation marks and citation omitted" } ], "opinion_index": 0, "case_paths": [ "/nm/112/0003-01" ] }, { "cite": "2005-NMCA-028", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 929212 ], "weight": 3, "pin_cites": [ { "page": "\u00b613" } ], "opinion_index": 0, "case_paths": [ "/nm/137/0092-01" ] }, { "cite": "1998-NMCA-052", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 834282 ], "weight": 3, "pin_cites": [ { "page": "\u00b617" } ], "opinion_index": 0, "case_paths": [ "/nm/125/0086-01" ] }, { "cite": "384 Md. 466", "category": "reporters:state", "reporter": "Md.", "case_ids": [ 419058 ], "weight": 2, "year": 2004, "pin_cites": [ { "parenthetical": "internal quotation marks and citations omitted" }, { "page": "1012-13", "parenthetical": "internal quotation marks and citations omitted" } ], "opinion_index": 0, "case_paths": [ "/md/384/0466-01" ] }, { "cite": "107 S.Ct. 353", "category": "reporters:federal", "reporter": "S. Ct.", "case_ids": [ 6119794, 6210394 ], "year": 1986, "pin_cites": [ { "parenthetical": "\"[T]he decision to impose restitution generally does not turn on the victim's injury, but on the penal goals of the State and the situation of the defendant.\"" } ], "opinion_index": 0, "case_paths": [ "/br/66/0353-01", "/us/479/0036-01" ] }, { "cite": "479 U.S. 36", "category": "reporters:federal", "reporter": "U.S.", "case_ids": [ 6210394 ], "weight": 2, "year": 1986, "pin_cites": [ { "page": "52", "parenthetical": "\"[T]he decision to impose restitution generally does not turn on the victim's injury, but on the penal goals of the State and the situation of the defendant.\"" }, { "parenthetical": "\"[T]he decision to impose restitution generally does not turn on the victim's injury, but on the penal goals of the State and the situation of the defendant.\"" } ], "opinion_index": 0, "case_paths": [ "/us/479/0036-01" ] }, { "cite": "104 N.M. 23", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1594912 ], "weight": 2, "pin_cites": [ { "page": "26" }, { "page": "474" } ], "opinion_index": 0, "case_paths": [ "/nm/104/0023-01" ] }, { "cite": "105 N.M. 352", "category": "reporters:state", "reporter": "N.M.", "case_ids": [ 1599040 ], "weight": 19, "pin_cites": [ { "page": "355" }, { "page": "882" }, { "page": "353" }, { "page": "880" }, { "page": "353" }, { "page": "880" }, { "page": "355" }, { "page": "882" }, { "page": "354" }, { "page": "881" }, { "page": "355" }, { "page": "882" }, { "page": "354" }, { "page": "881", "parenthetical": "internal quotation marks and citations omitted" }, { "page": "354" }, { "page": "881", "parenthetical": "declining to \"look to the prosecutor's motives in commencing criminal proceedings\" where the verdict is supported by sufficient evidence" } ], "opinion_index": 0, "case_paths": [ "/nm/105/0352-01" ] }, { "cite": "6 S.W.3d 543", "category": "reporters:state_regional", "reporter": "S.W.3d", "case_ids": [ 11646166 ], "weight": 6, "pin_cites": [ { "page": "550" }, { "page": "545-46" }, { "page": "553", "parenthetical": "Meyers, J., concurring" }, { "page": "552", "parenthetical": "Meyers, J., concurring" } ], "opinion_index": 0, "case_paths": [ "/sw3d/6/0543-01" ] }, { "cite": "2003-NMCA-074", "category": "reporters:neutral", "reporter": "NMCA", "case_ids": [ 15936 ], "weight": 7, "pin_cites": [ { "page": "\u00b6 42" }, { "page": "\u00b6\u00b623-24" } ], "opinion_index": 0, "case_paths": [ "/nm/133/0782-01" ] } ], "analysis": { "cardinality": 1231, "char_count": 28140, "ocr_confidence": 0.685, "pagerank": { "raw": 1.304056212771522e-07, "percentile": 0.6228042638779326 }, "sha256": "8b9e58bfbc00a7d87d9eccf68b02a42315c018bd0789b0feccf712cc8d4a9f7d", "simhash": "1:93522f30289a6e49", "word_count": 4439 }, "last_updated": "2023-07-14T22:28:07.264738+00:00", "provenance": { "date_added": "2019-08-29", "source": "Harvard", "batch": "2018" }, "casebody": { "judges": [ "WE CONCUR: JONATHAN B. SUTIN, Chief Judge, and CELIA FOY CASTILLO, Judge." ], "parties": [ "STATE of New Mexico, Plaintiff-Appellee, v. Joseph C. COLLINS, Defendant-Appellant." ], "opinions": [ { "text": "PICKARD, Judge.\nOPINION\n{1} Defendant appeals his convictions for multiple counts of securities fraud and the sale of unregistered securities, contrary to the New Mexico Securities Act of 1986, NMSA 1978, \u00a7\u00a7 58-13B-1 to -57 (1986, as amended through 2004) (Securities Act). On appeal, Defendant raises five issues regarding (1) the district court\u2019s restitution order, (2) double jeopardy, (3) the six-month rule, (4) sufficiency of the evidence, and (5) conflict of interest. Finding no error, we affirm Defendant\u2019s convictions.\nBACKGROUND\n{2} This is the third appeal to this Court involving Defendant and the criminal and administrative proceedings resulting from Defendant\u2019s osteopathic practice in Alamogordo, New Mexico. See State v. Collins, No. 25,941 slip op. (N.M. Ct.App. April 16, 2007); State v. Kirby, 2003-NMCA-074, 133 N.M. 782, 70 P.3d 772. In 1985, Defendant opened an osteopathic clinic in Alamogordo. The clinic was financed by a number of Defendant\u2019s patients, who loaned him money and were issued promissory notes in return. Kirby, 2003-NMCA-074, \u00b6 42.\n{3} Defendant and his wife filed for bankruptcy in 1998. The bankruptcy action was challenged by thirty-nine people who had loaned money to fund Defendant\u2019s clinic and who had not been repaid. The debts were eventually discharged by the bankruptcy court. In discharging the debts, the bankruptcy court found that Defendant and his wife did not misrepresent their financial condition to those who had loaned money to the clinic.\n{4} Defendant\u2019s actions also became the subject of an investigation and administrative proceeding by the Securities Division of the New Mexico Regulation and Licensing Department, the subject of which constituted the first of Defendant\u2019s appeals before our Court and is discussed in greater detail in Kirby. Defendant was also indicted on criminal charges for his conduct, and he was subsequently convicted on multiple counts of securities fraud and the sale of unregistered securities. His appeal of those convictions is the subject of this opinion.\nDISCUSSION\n{5} On appeal, Defendant first argues that the criminal proceedings against him were brought as an end-run around the provisions of federal bankruptcy law, which had provided for the discharge of Defendant\u2019s debts. As such, Defendant contends that the district court erred by ordering restitution to the noteholders as part of Defendant\u2019s judgment and sentence. Second, Defendant asserts that his convictions for securities fraud for each issuance of a promissory note and for each renewal or \u201crollover\u201d of existing promissory notes violated double jeopardy. Defendant\u2019s third issue on appeal is that the district court erred by denying a motion to dismiss the charges against Defendant for violation of the six-month rule under Rule 5-604 NMRA. Fourth, Defendant contends that because promissory notes are not securities or investments in a business, the evidence was insufficient to support his convictions. Lastly, Defendant argues that the district attorney\u2019s office should have been disqualified for conflict of interest and that the district court\u2019s failure to do so necessitates the reversal of his convictions. We address each issue in turn, and we affirm.\nBankruptcy and Restitution\n{6} As part of the district court\u2019s judgment and sentence, Defendant was ordered to pay restitution to the victims of his convictions. On appeal, Defendant contends that because the debts in question were previously discharged by a bankruptcy court years earlier, the district court erred by ordering restitution in the present case. We disagree.\n{7} It is commonly recognized that \u201ccriminal restitution may generally be imposed despite a previous discharge of the underlying debts in bankruptcy!)]\u201d Cabla v. State, 6 S.W.3d 543, 550 (Tex.Crim.App.1999) (Meyers, J., concurring). Indeed, our Court in State v. Muzio, 105 N.M. 352, 355, 732 P.2d 879, 882 (Ct.App.1987), recognized this very principle. In Muzio, the defendant passed a number of bad checks and subsequently filed for bankruptcy. Id. at 353, 732 P.2d at 880. The State then initiated criminal proceedings against the defendant under the Worthless Check Act, NMSA 1978, \u00a7\u00a7 30-36-1 to -10 (1963, as amended through 1984). Muzio, 105 N.M. at 353, 732 P.2d at 880. The defendant was convicted of three of the six charges against him. Id. On appeal, the defendant argued \u201cthat the state criminal prosecution against him was improper under the Supremacy Clause of the federal constitution.\u201d Id. (citing U.S. Const, art. VI, cl. 2). The defendant also contended that the district court erroneously concluded that it lacked the power to order restitution when the court instead sentenced the defendant to a prison term. Id. at 355, 732 P.2d at 882.\n{8} In rejecting the defendant\u2019s contention that the Supremacy Clause barred the criminal proceedings against him, our Court recognized that \u201c[t]he provisions of the Bankruptcy Act are not so intrusive so as to pardon a bankrupt from the consequences of a criminal offense.\u201d Id. at 354, 732 P.2d at 881. We further concluded that \u201c[t]he filing by a defendant for bankruptcy or the obtaining of a discharge in bankruptcy does not void a restitution order imposed as a condition of probation under a state criminal judgment.\u201d Id. at 355, 732 P.2d at 882.\n{9} As such, we reject Defendant\u2019s contention in his brief in chief that the restitution order was barred by the earlier bankruptcy proceeding. Defendant argues, however, that even if the restitution order was permissible, the initiation of criminal proceedings against him and the restitution order imposed by his sentence demonstrate that the State prosecuted Defendant solely to collect upon his debts. As such, Defendant asserts that the restitution order was \u201cnothing more than an attempt to perform an end-run around the purposes of bankruptcy law\u201d and should therefore be reversed.\n{10} In support of his contention that the restitution order in the present case was improper, Defendant argues that because violations of the Securities Act do not require a demonstration of actual criminal intent, the State\u2019s only interest in prosecuting Defendant must have been to seek compensation for Defendant\u2019s victims. Moreover, Defendant asserts that the judge\u2019s comments while imposing restitution further demonstrate that the order was merely an end-run around the bankruptcy code. We reject Defendant\u2019s contention.\n{11} \u201cThe purpose of federal bankruptcy law is to relieve the honest debtor from the weight of oppressive indebtedness and permit him to start afresh free from the obligations and responsibilities consequent upon business misfortunes.\u201d Muzio, 105 N.M. at 354, 732 P.2d at 881 (internal quotation marks and citations omitted). In Muzio, our Court recognized that the purpose of the bankruptcy code differed from that of the Worthless Check Act, which was \u201ca statute created to punish an evil intent and an evil action.\u201d Id. Although we recognize that a specific intent to defraud is not required for conviction under the Securities Act, see State v. Ross, 104 N.M. 23, 26, 715 P.2d 471, 474 (Ct.App.1986), we disagree with Defendant\u2019s assertion that such a fact demonstrates that the only purpose behind prosecutions for violations of the Act is to obtain recompense for investors who lose money. As recognized by our Court,\nThe Securities Act, as a whole, has remedial purpose. It is comprehensive. Its extensive regulatory and administrative provisions are aimed at protecting investors against unfair, deceptive, and fraudulent practices in the sale of securities....\nThe Act was written \u201cwith all encompassing strokes to protect the public,\u201d and to further \u201cthe legitimate governmental purpose of protecting the public from the many means promoters may use to separate the unwary from their money.\u201d In enacting the Act, our Legislature undoubtedly shared the legislative intent behind the Securities Exchange Act of 1934, which was \u201cto insure honest securities markets and thereby promote investor confidence ... [and] to substitute a philosophy of full disclosure for the philosophy of caveat emptor and thus to achieve a high standard of business ethics in the securities industry.\u201d\nKirby, 2003-NMCA-074, \u00b6\u00b623-24 (citations omitted). Thus, beyond protecting individual investors, the Act protects a number of important governmental interests, including preserving honest markets and investor confidence, encouraging full disclosure to investors, and maintaining high standards of business ethics among those dealing in securities. See id.\n{12} Moreover, criminal penalties under the Act are permitted only where an individual \u201cwillfully violates\u201d its provisions. Id. \u00b6 32 (citing \u00a7 58-13B-39(A)). Thus, the Act also serves to punish an individual for his or her willful or intentional behavior. See Kelly v. Robinson, 479 U.S. 36, 52, 107 S.Ct. 353, 93 L.Ed.2d 216 (1986) (\u201c[T]he decision to impose restitution generally does not turn on the victim\u2019s injury, but on the penal goals of the State and the situation of the defendant.\u201d). \u201cSociety is benefited by punishment, including restitution, that is directly related to the offenses for which a defendant has been charged and convicted.\u201d Cabla, 6 S.W.3d at 545-46. We therefore reject Defendant\u2019s assertion that the sole purpose behind a criminal prosecution under the Act is to seek compensation for those harmed by Defendant\u2019s violations of the Act.\n{13} Additionally, we reject Defendant\u2019s claim that the district court\u2019s comments during sentencing indicate that the criminal proceedings against Defendant were initiated in an attempt to perform an end-run around the bankruptcy code. At sentencing, the district court ordered Defendant to \u201cmake restitution on those ... notes that were identified for which [he] received a conviction.\u201d The district court further stated that it was awarding restitution \u201cknowing that ... restitution is not highly likely.\u201d The court further stated, \u201cI guess I hold out the hope that the [the victims] could receive something, and I think that anything they would receive would help their healing process.\u201d\n{14} We fail to see how the district court\u2019s motivation in sentencing Defendant is in any way indicative of the State\u2019s initial decision to prosecute Defendant, even if we were to consider the State\u2019s motivation as a factor in determining the validity of a restitution order. But see Cabla, 6 S.W.3d at 549 n. 5 (indicating that such an inquiry is irrelevant). The district court\u2019s \u201cstatements do not go to the impetus behind the prosecution of appellant, but rather only address the trial judge\u2019s motivations during sentencing.\u201d Id. at 553 (Meyers, J., concurring). Significantly, the district court \u201chas no input into a decision to initiate criminal proceedings against an accused. That decision lies exclusively with the State.\u201d Id.\n{15} Moreover, we do not believe that the district court\u2019s statements indicate an improper purpose behind the decision to order restitution. We observe that\npenal goals are accomplished through restitution to the extent that the defendant is forced to focus on the harm that was caused to the victim. Likewise, restitution is a monetary detriment to the defendant and satisfies] society\u2019s demand for meaningful justice, thus serving the punitive objective of the criminal system.\nState v. Garnett, 384 Md. 466, 863 A.2d 1007, 1012-13 (2004) (internal quotation marks and citations omitted); see State v. Palmer, 1998-NMCA-052, \u00b617, 125 N.M. 86, 957 P.2d 71 (\u201cThe purpose of the victim restitution statute is to remind the defendant of his wrongdoing and help to make whole the victim of the crime to the extent possible.\u201d (internal quotation marks and citation omitted)). The district court\u2019s remarks simply reiterated the general understanding that some of the purposes of restitution are to impress on a criminal defendant the consequences of his or her actions and to allow crime victims to heal and move on.\n{16} Beyond the district court\u2019s own comments, Defendant does not present any evidence indicating that the State\u2019s primary motivation behind its decision to prosecute Defendant was to frustrate the purposes of the bankruptcy code. In the absence of any actual evidence bearing on the State\u2019s motives, we decline to make such an inquiry on our own. See Muzio, 105 N.M. at 354, 732 P.2d at 881 (declining to \u201clook to the prosecutor\u2019s motives in commencing criminal proceedings\u201d where the verdict is supported by sufficient evidence); see also Cabla, 6 S.W.3d at 552 (Meyers, J., concurring) (concluding that under Muzio, \u201cthe actual motivations of the prosecutor are irrelevant where the State can otherwise prove the elements of the crime\u201d). We therefore affirm the district court\u2019s restitution order.\nPromissory Notes\n{17} Defendant next contends that his convictions of separate counts of securities fraud for each issuance of a promissory note, as well as each renewal or \u201crollover\u201d of existing promissory notes, violated double jeopardy. Again, we disagree.\n{18} \u201cThe Double Jeopardy Clause provides that no one will be \u2018twice put in jeopardy for the same crime.\u201d State v. Boergadine, 2005-NMCA-028, \u00b613, 137 N.M. 92, 107 P.3d 532 (citing U.S. Const. amend. V; N.M. Const, art. II, \u00a7 15). Of the protections offered by the Double Jeopardy Clause, the one most relevant to the case at bar is the protection against \u201cmultiple punishments for the same offense.\u201d Swafford v. State, 112 N.M. 3, 7, 810 P.2d 1223, 1227 (1991) (internal quotation marks and citation omitted). In multiple punishment cases there are two types of potential issues: \u201c(1) multiple violations of the same statute, referred to as \u2018unit of prosecution\u2019 cases; and (2) violations of multiple statutes, referred to as \u2018double-description\u2019 cases.\u201d State v. Armendariz, 2006-NMSC-036, \u00b620, 140 N.M. 182, 141 P.3d 526. Since Defendant is challenging his multiple convictions for violations of the same statute, we are presented with a unit-of-prosecution case.\n{19} We analyze unit-of-prosecution cases in two steps. State v. Bernal, 2006-NMSC-050, \u00b614, 140 N.M. 644, 146 P.3d 289. \u201cFirst, we review the statutory language for guidance on the unit of prosecution.\u201d Id. (citation omitted). If the statutory language is clear with respect to the intended unit of prosecution, \u201cthen we follow the language, and the unit-of-prosecution inquiry is complete.\u201d Id. (citation omitted). \u201cIf the language is not clear, then we move to the second step, in which we determine whether a defendant\u2019s acts are separated by sufficient \u2018indicia of distinctness\u2019 to justify multiple punishments under the same statute.\u201d Id. (citation omitted). If we determine that Defendant\u2019s acts are not sufficiently distinct, \u201cthen the rule of lenity mandates an interpretation that the legislature did not intend multiple punishments, and a defendant cannot be punished for multiple crimes.\u201d Id. (citation omitted).\n{20} Accordingly, to determine whether Defendant\u2019s charges violated double jeopardy, we must first identify the applicable unit of prosecution under Section 58-13B-30 of the Securities Act. Section 58-13B-30 provides that:\nIn connection with the offer to sell, sale, offer to purchase or purchase of a security, a person shall not, directly or indirectly:\nA. employ any device, scheme or artifice to defraud;\nB. make an untrue statement of a material fact or fail to state a necessary material fact where such an omission would be misleading; or\nC. engage in an act, practice or course of business which operates or would operate as a fraud or deceit upon a person.\nAn individual who willfully violates the above provision may be subject to criminal penalties. See \u00a7 58-13B-39(A). We observe that the statute\u2019s provisions apply to \u201cthe offer to sell, sale, offer to purchase or purchase of a security.\u201d Section 58-13B-30 (emphasis added). Under Section 58-13B-30, the statutory language indicates a legislative intent that each offer to sell or sale of a security constitutes a separate unit of prosecution. See State v. Baca, 1997-NMSC-018, \u00b69, 123 N.M. 124, 934 P.2d 1053 (observing that statutory language barring \u201cknowingly issuing or transferring a forged writing with intent to injure or defraud\u201d indicated \u201ca legislative intent to make each act of forgery, each forged instrument, a separate offense\u201d). The operative question becomes, therefore, whether the renewal or rollover of an existing promissory note constitutes an \u201coffer to sell, sale, offer to purchase or purchase of a security\u201d under Section 58-13B-30. We conclude that it does.\n{21} When a number of the promissory notes issued by Defendant to his patients became due, Defendant asked the patients to sign their notes \u201cpaid by renewal\u201d and to mail the notes back to him. With such requests, Defendant included a new note with a new due date. The renewal notes ostensibly paid the old notes and constituted evidence of a new contract between the parties regarding the payment of Defendant\u2019s debt at a later date. See 10 C.J.S. Bills & Notes \u00a7 120 (1995) (\u201c[I]t has been held that the execution of a renewal note constitutes a new contract evidencing the existing debt.\u201d (footnotes omitted)). The noteholders\u2019 actions in deeming the old notes \u201cpaid by renewal\u201d and mailing such notes back to Defendant constituted a discharge of Defendant\u2019s obligation to pay the notes. See NMSA1978, \u00a7 55-3-604(a) (1992) (\u201cA person entitled to enforce an instrument ... may discharge the obligation of a party to pay the instrument ... by an intentional voluntary act, such as surrender of the instrument to the party ... or the addition of words to the instrument indicating dischargef.]\u201d). The new note or renewal note sent by Defendant thus constituted a new offer to sell or sale of a security, which in some eases was refused by the respective noteholder. Since the sale of an original promissory note and the later offer to sell a new or renewal note seem to constitute separate units of prosecution under the Securities Act, Defendant\u2019s convictions for securities fraud in connection with both notes would not appear to violate double jeopardy.\n{22} Even if the statutory language can be construed as ambiguous with respect to the renewal or rollover of promissory notes, we conclude that Defendant\u2019s actions were separated by sufficient indicia of distinctness such that his convictions do not violate double jeopardy. \u201cSuch indicia include the timing, location, and sequencing of the acts, the existence of an intervening event, the defendant\u2019s intent as evidenced by his conduct and utterances, and the number of victims.\u201d State v. DeGraff, 2006-NMSC-011, \u00b635, 139 N.M. 211, 131 P.3d 61 (citing Herron v. State, 111 N.M. 357, 361, 805 P.2d 624, 628 (1991)). Notably, the renewal or rollover of existing promissory notes took place some time after the issuance of the original notes. Moreover, although the victims remained the same, the discharge of the original notes by signing them \u201cpaid by renewal\u201d and the acceptance of new notes by the respective note-holders constitute new transactions between Defendant and the noteholders. We therefore believe that these events are separated by sufficient indicia of distinctness such that Defendant\u2019s convictions do not violate double jeopardy.\nSix-Month Rule\n{23} Defendant next asserts that the district court improperly granted two three-month extensions of the six-month rule. See Rule 5-604(C). As such, Defendant contends that the district court should have granted his motion to dismiss for violation of Rule 5-604. We hold that Defendant waived the protections of the six-month rule.\n{24} \u201cRule 5-604(B) of the Rules of Criminal Procedure provides that the trial of a criminal case shall begin within six months of the occurrence of the last of several events.\u201d State v. Bennett, 2003-NMCA-147, \u00b614, 134 N.M. 705, 82 P.3d 72. In the present case, both parties agree that October 3, 2003, the date Defendant was returned to New Mexico after his arrest in Arizona for failure to appear, is the operative date from which to analyze whether the six-month rule was violated. See Rule 5-604(B)(6). Thus, in order to comply with the requirements of Rule 5-604(B), Defendant\u2019s trial needed to commence before April 3, 2004.\n{25} Trial was set for March 22, 2004. On March 5, Defendant filed a motion for continuance and then stipulated to a second Rule 5-604 extension by the district court. By that time, however, the district court could no longer grant extensions under Rule 5-604, as it had previously granted a three-month extension on August 7, 2001. See Rule 5-604(C) (\u201c[T]he time for commencement of trial may be extended by the trial judge provided that the aggregate of all extensions granted by the trial judge may not exceed three (3) months.\u201d). On appeal, Defendant complains that the district court\u2019s second extension was in violation of Rule 5-604 and that his convictions should therefore be reversed.\n{26} The underlying purpose of Rule 5-604 is to \u201cassure the prompt trial and disposition of criminal cases.\u201d State v. Flores, 99 N.M. 44, 46, 653 P.2d 875, 877 (1982). However, \u201c[t]he operation of the rule is not jurisdictional,\u201d and the rule is \u201cto be applied with common sense and not used to effect technical dismissals.\u201d State v. Guzman, 2004-NMCA-097, \u00b69, 136 N.M. 253, 96 P.3d 1173. Importantly, the rule is \u201cnot designed to allow a defendant to \u2018sleep upon\u2019 rights under the rule while the state continues \u2018prosecution of a case which is subject to being dismissed upon motion.\u2019 \u201d Id. (quoting State v. Vigil, 85 N.M. 328, 332, 512 P.2d 88, 92 (Ct.App.1973)). As such, our courts have recognized that a defendant may waive the requirements of Rule 5-604. Guzman, 2004-NMCA-097, \u00b613.\n{27} We hold that Defendant\u2019s motion for a continuance and stipulation to the second Rule 5-604 extension erroneously granted by the district court constitutes a waiver by Defendant of the requirements of Rule 5-604. Although the district court had exhausted its extensions and the parties should have sought an extension of the rule with the Supreme Court, we believe that \u201c[t]o allow a defendant to invite error and to subsequently complain about that very error would subvert the orderly and equitable administration of justice.\u201d State v. Handa, 120 N.M. 38, 45-46, 897 P.2d 225, 232-33 (Ct.App.1995) (internal quotation marks and citation omitted). Moreover, Defendant\u2019s acquiescence in the court\u2019s actions indicates that Defendant was not, at that point, concerned with his rights under the rule. See State v. Lobato, 2006-NMCA-051, \u00b629, 139 N.M. 431, 134 P.3d 122; Guzman, 2004-NMCA-097, \u00b613; see also Bennett, 2003-NMCA-147, \u00b616 (concluding that a defendant\u2019s acquiescence to an extension of the rule constitutes a waiver of the rule\u2019s requirements). As such, we conclude that the six-month rule was not violated.\nSufficiency of the Evidence\n{28} Pursuant to State v. Franklin, 78 N.M. 127, 129, 428 P.2d 982, 984 (1967), and State v. Boyer, 103 N.M. 655, 658-59, 712 P.2d 1, 4-5 (Ct.App.1985), Defendant argues that the evidence is insufficient to support his convictions for securities fraud because the State did not prove that Defendant sold or offered to sell securities, as Defendant only borrowed money and provided promissory notes, not investments in his business.\n{29} \u201cWhen determining the sufficiency of the evidence, the court views the evidence in a light most favorable to the verdict, considering that the State has the burden of proof beyond a reasonable doubt.\u201d State v. Garcia, 2005-NMSC-017, \u00b612, 138 N.M. 1, 116 P.3d 72. On appeal, we will not reweigh the evidence nor substitute our judgment for that of the fact finder provided that there is sufficient evidence to support the verdict. State v. Sutphin, 107 N.M. 126, 131, 753 P.2d 1314, 1319 (1988). After considering the facts in the light most favorable to the verdict, we must make a legal determination of \u201cwhether the evidence viewed in this manner could justify a finding by any rational trier of fact that each element of the crime charged has been established beyond a reasonable doubt.\u201d State v. Apodaca, 118 N.M. 762, 766, 887 P.2d 756, 760 (1994) (internal quotations marks and citations omitted).\n{30} Defendant cites no authority in support of his assertion that promissory notes are not securities. Under the Securities Act, the term \u201csecurity\u201d includes notes. Section 58-13B-2(X). The understanding that \u201csecurity\u201d includes promissory notes has also been recognized by our courts. See State v. Ramos, 116 N.M. 123, 126, 860 P.2d 765, 768 (Ct.App.1993); State v. Sheets, 94 N.M. 356, 359-61, 610 P.2d 760, 763-65 (Ct.App.1980), modified on other grounds by White v. Solomon, 105 N.M. 366, 368, 732 P.2d 1389, 1391 (Ct.App.1986). We therefore reject Defendant\u2019s argument that the evidence is insufficient to support his convictions because promissory notes are not security under the Securities Act.\nConflict of Interest\n{31} Lastly, Defendant asserts that the district attorney\u2019s office should have been disqualified due to a conflict of interest. According to Defendant\u2019s testimony, an office manager at the district attorney\u2019s office previously worked for an attorney who had allegedly advised Defendant regarding the issuance of promissory notes. Defendant asserts that, because this created an impermissible conflict of interest, fundamental error dictates that his convictions be reversed.\n{32} Since Defendant did not preserve this issue below, we apply fundamental error review. State v. Lente, 2005-NMCA-111, \u00b612, 138 N.M. 312, 119 P.3d 737. \u201c[T]he fundamental error doctrine is applied to review unpreserved error when the court\u2019s conscience is shocked at a miscarriage of justice, such as when a defendant is \u2018indisputably innocent\u2019 or when \u2018a mistake in the process makes a conviction fundamentally unfair notwithstanding the apparent guilt of the accused.\u2019 \u201d Id. (quoting State v. Barber, 2004-NMSC-019, \u00b617, 135 N.M. 621, 92 P.3d 633). We conclude that there is no fundamental error in this case.\n{33} At trial, Defendant elicited testimony from Kathy Tellez, an office manager at the district attorney\u2019s office, regarding her former employment with an attorney named Albert Rivera. Defendant asserts that Rivera and Tellez helped him prepare the promissory notes at issue in the present case. However, at trial, Rivera testified that he limited his practice to criminal law and workers\u2019 compensation cases and that he referred prospective clients to other attorneys for civil matters. Rivera further testified that he had never practiced banking or securities law. Rivera testified that he did not recognize Defendant\u2019s name and that he did not recognize Defendant sitting in the courtroom. Additionally, Tellez affirmatively stated at trial that Defendant had never been a client of Rivera\u2019s.\n{34} Based on our review of the record, we do not find fundamental error in this case. As argued by the State, there is simply no undisputed evidence in the record indicating that Rivera was Defendant\u2019s attorney or that Tellez had any dealings with Defendant while she was employed by Rivera. Defendant\u2019s assertions alone are not sufficient to establish that a conflict of interest existed below. Cf. State v. Foxen, 2001-NMCA-061, \u00b617, 130 N.M. 670, 29 P.3d 1071 (stating that \u201cthe jury was not obligated to believe [the defendant's testimony, to disbelieve or discount conflicting testimony, or to adopt [the defendant's view\u201d). As such, we decline to reverse Defendant\u2019s convictions on these grounds.\nCONCLUSION\n{35} We affirm Defendant\u2019s convictions and sentence.\n{36} IT IS SO ORDERED.\nWE CONCUR: JONATHAN B. SUTIN, Chief Judge, and CELIA FOY CASTILLO, Judge.", "type": "majority", "author": "PICKARD, Judge." } ], "attorneys": [ "Gary K. King, Attorney General, Santa Fe, NM, Joel Jacobsen, Assistant Attorney General, Albuquerque, NM, for Appellee.", "Law Offices of Nancy L. Simmons, P.C., Nancy L. Simmons, Albuquerque, NM, for Appellant." ], "corrections": "", "head_matter": "2007-NMCA-106\n166 P.3d 480\nSTATE of New Mexico, Plaintiff-Appellee, v. Joseph C. COLLINS, Defendant-Appellant.\nNo. 25,942.\nCourt of Appeals of New Mexico.\nJune 19, 2007.\nCertiorari Denied, No. 30,531, Aug. 8, 2007.\nGary K. King, Attorney General, Santa Fe, NM, Joel Jacobsen, Assistant Attorney General, Albuquerque, NM, for Appellee.\nLaw Offices of Nancy L. Simmons, P.C., Nancy L. Simmons, Albuquerque, NM, for Appellant." }, "file_name": "0419-01", "first_page_order": 451, "last_page_order": 459 }