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Denver attorney Steve Bachar wanted on felony theft, fraud charges – Denver, Colorado

Denver, Colorado 2021-10-25 12:16:46 –

Denver’s lawyer, who was accused of mishandling about $ 2 million set aside to buy masks and gowns during a coronavirus pandemic last year, was charged last week with an unrelated felony financial crime. , Currently required by the authorities.

A warrant was issued to 56-year-old Steve Batcher on October 18 for securities fraud and theft. According to criminal charges filed against him by the Denver Provincial Prosecutor’s Office, he has been accused of stealing $ 100,000 to $ 1 million and lying to investors.

According to the complaint, the crime occurred between October 13, 2017 and August 8, 2018.

“Stephen Charles Batcher made or deliberately made false statements of important facts, directly or indirectly, illegally, violently, and intentionally in connection with the provision, sale, or purchase of securities. It was omitted to state the important facts needed to do that … it’s not misleading, “the complaint said. Additional details regarding the allegation were not immediately available.

“These are exorbitant and unfounded false accusations,” Butcher said in a text message Monday. “… We are pleased to be working on the process of revealing the facts now.”

A spokesman for the Denver law firm declined to comment.

Bachar was blamed by two companies last year: Mishandling of approximately $ 2 million allocated to personal protective equipment Purchase during a pandemic.

Bachar promised Denver-based DaVita Inc. to offer 4,200 cases of N95 masks in exchange for $ 2.4 million in April 2020, but did not offer masks, according to the lawsuit. , The company’s first payment of $ 604,000 could not be refunded. During october

Denver attorney Steve Bachar wanted on felony theft, fraud charges Source link Denver attorney Steve Bachar wanted on felony theft, fraud charges

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