Colorado man sentenced to prison for fraud scheme

On behalf of Anaya-McKedy, P.C. posted in White Collar Crimes on Wednesday, March 19, 2014.

On, March 12, a 55-year-old Colorado man was sentenced to over five years in prison for defrauding an 89-year-old widower. According to reports, the 55-year-old man knocked on the older man’s door in 2008 and asked to borrow money. The 55-year-old claimed that his parents had been killed in a car accident and said he had no other family to help him.

The man reportedly borrowed money from the 89-year-old several times after claiming the money he would be getting from his parents supposed death would be in probate for a while. The relationship continued through April 2013, even though the 55-year-old was often serving time in the Colorado Department of Corrections. While the man was in jail, he reportedly sent letters to the 89-year-old and called him, claiming that he needed more money to pay his probate fees and inheritance taxes and to pay for the medicine he needed for his diabetes.

According to reports, the 55-year-old claimed a deep affection for the elderly man through the years, often saying, “I love you.” When the 55-year-old was released from prison in October of 2012, he received a $49,655.30 check from the Department of Corrections. Apparently, at least $10,000 of that total was money received through the fraud scheme.

The 55-year-old Denver man will serve his sentence in a Bureau of Prisons facility and was also ordered by a U.S. District Court Judge to pay over $512,000 in restitution to the 89-year-old. Those facing similar white collar crime charges, including identity theft, embezzlement, or other types of financial fraud, can better understand their options after talking with a criminal defense attorney.

Source: Rafu Shimpo, “Colorado man sentenced for defrauding JA widower” No author given, Mar. 15, 2014