United States v. Chet Searing

HANSEN, Circuit Judge.

Chet Searing pleaded guilty to conspiring to possess, transport, or cause to be transported in interstate commerce counterfeit securities, in violation of 18 U.S.C. § 371. The district court sentenced him to twenty-four months imprisonment and three years supervised release, and ordered him to pay $11,545.50 in restitution. On appeal, Searing challenges the restitution ordered. We affirm in part and reverse in part.

I

Searing and a co-conspirator produced counterfeit cashier’s checks and used them to purchase property. Most of the $52,900 worth of property Searing had…