Rico Damages Calculation Guide
Summary
When filing a RICO case, calculate total damages by adding property loss, business losses, and emotional damages. Multiply the sum by three for treble damages. For example, if total damages are $7 million, the demand would be $21 million, written as $21,000,000.Full Conversation
please help me to state a number.
To calculate the amount for the "demand $" section on your cover sheet, you should:
*. Start with the loss of property value: $* million.
*. Add the other business losses and years of revenue.
*. Include an amount for emotional damages.
*. Multiply the total by three for treble damages under RICO.
Let's assume the other business losses and emotional damages amount to $* million:
- Total damages: $* million (property) + $* million (other losses) = $* million.
- Treble damages under RICO: $* million * * = $* million.
So, you would state $* million in the "demand $" section.
how do I write * million?
You would write * million as $*,*,*.