U.S. v. Nelson

Dist. Ct. did not err in sentencing defendant to 66-month term of incarceration on mail fraud charge based in part on finding that three victims incurred more than $1million in losses arising out of said fraud. While defendant disputed amount of net money said victims had invested in instant Ponzi scheme set up by defendant, Dist. Ct. could rely on receipts and testimony of one witness to support its loss calculation in instant scheme. Moreover, while defendant contended that said evidence was unreliable, defendant failed to show that Dist. Ct.’s loss calculation was clearly “outside realm of permissible computation.”