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U.S. v. Ruhe, No. 98-4731 (4th Cir.) (191 F.3d 376) (August 31, 1999) (Judge Francis D. Jr. Murnaghan)

Here, over the strong dissent of Judge Niemeyer, the Court held that the proper measure of loss under USSG ยง 2B1.1 is the value of the goods to the victim, which here was far lower than the fair market value of the stolen parts which were scrap.

The defendant was ...

 

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