What is the legal test for determining the value of a person's property when it is not worth it?
MultiRegion, United States of America
The following excerpt is from USA. v. Panaro, 266 F.3d 939 (9th Cir. 2001):
Ordinarily, the district court should use fair market value to determine loss. See U.S. SENTENCING GUIDELINES MANUAL S 2B1.1, cmt. n.2 (1998); United States v. Choi, 101 F.3d 92, 93 (9th Cir. 1996). However, "the loss need not be determined with precision. The court need only make a reasonable estimate of the loss, given the
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available information." U.S. SENTENCING GUIDELINES MANUAL S 2B1.1, cmt. n.2 (1998).
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