Quote:
Originally Posted by Breadman03
Let's say the arrest prevents him from getting a promotion or new job with better pay for a few years. He might be making 10's of thousands less per year for life.
He may have to pay higher interest until any blemishes n his credit are gone.
I don't know about $2.2 mil, but it could certainly be a substantial number.
|
Well, just assuming a future value with 5% year, 10k a year, 20 years, that is about $350k. Extrapolate that until retirement time, and the future value is close to $1.6M.
So if a false arrest resulted in $10k a year less income, it is easy to get to $1.6M in damages over a career.