Loss Calculation

Loss Calculation

(July 2017) This primer discusses issues often raised about economic loss and loss calculation under §2B1.1. Effective November 1, 2001, the Commission consolidated the theft and fraud guidelines into §2B1.1. As a part of this amendment, which is known as the Economic Crime Package, the Commission also modified the definition of loss such that it would be based on reasonably foreseeable pecuniary harm and would include intended loss. This primer focuses on some applicable cases and concepts relating to this definition of loss but is not intended as a comprehensive compilation of all case law addressing these issues.