Family & Relationships6 mins ago
Calculating Losses In Theft Cases
When sentencing takes place in theft cases, the losses play a part in the sentencing guidelines, but how are the losses calculated.
Do they go on the value of the item new, or the value of the item at the time of the theft, taking into account age, condition etc and who has to work that out.
For example, if my £15000 car was stolen (its value new 6 years ago), but it may only be worth £5000 now.
Jim
Do they go on the value of the item new, or the value of the item at the time of the theft, taking into account age, condition etc and who has to work that out.
For example, if my £15000 car was stolen (its value new 6 years ago), but it may only be worth £5000 now.
Jim
Answers
Best Answer
No best answer has yet been selected by JMac60. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.With property that depreciates in value it would normally be current market price at time of offence JMac, motor vehicles being a good example.
A victim or complainant initially indicates the total value of loss when giving details for initial crime reports and when providing statements to the police investigator etc. If likely to be or is disputed then further evidence could be obtained from say the insurance company or a respected car valuation service.
A victim or complainant initially indicates the total value of loss when giving details for initial crime reports and when providing statements to the police investigator etc. If likely to be or is disputed then further evidence could be obtained from say the insurance company or a respected car valuation service.
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