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Real Estate & Property Law

: The Home Equity Theft Reporter

Boulder Man Offered Chance To "Buy Down" Sentence After Copping Plea To Bilking 79-Year Old Employee Out Of $400K+; Victim Left w/ $195K Loan On Home

By r morris

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In Boulder, Colorado, the Boulder Daily Camera reports:The former president of Boulder-based used-car business CarFind USA could spend up to nine years in prison after pleading guilty Wednesday to convincing a 79-year-old employee to loan him more than $300,000 for car payments, vacations and real estate purchases. Larry J. Abrams, 47, of Superior, was scheduled to go to trial next week on felony

Full post as published by The Home Equity Theft Reporter on January 24, 2010 (boomark / email).

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