Confession, well done on a very well written story, and tijkmo thank you for bringing it up again. I hadn't seen it before and found the story gripping.
An elder in my last congregation before I left was a medical professional who I discovered recently had been having sex with his daughter for years. He was removed as an elder when this came to light, after his now-adult daughter expressed concerns about her father having her children to stay for the weekend. Dr Ex-Elder is now happily enjoying his retirement from medicine in a coastal congregation.
I've thought about this dilemma from every possible angle, put myself in the shoes of each of the dozens of protagonists, from James and Jared and Chad to their families and the elders who were involved in the JC and possible previous and future victim of James.
And what is clear to me is this:
1. You, Confession, need some absolution.
You need to say to someone (besides us) that you did the wrong thing by not reporting the abuse when these two boys were minors. I think the best people to speak to, to apologize to, are Jared and Chad themselves.
They haven't been mentioned much in this discussion, besides being the victims of James, but I think it will do you much good to track them down and talk to them.
2. James needs to be reported. You can't lay a charge against him without at least one now-adult victim's involvement or consent, but you certainly can file a complete and honest report of what you know, as you have done here.