Friday, March 20, 2015

Former CEO Of Colorado Real Estate Concern Pleads Guilty To Embezzling More Than $400K From Association Members

From the Associated Press on 3/17/2015:

The Summit County district attorney says a woman has pleaded guilty to stealing more than $400,000 from a local real estate agents' association she had led for nearly two decades.

A statement Monday from District Attorney Bruce Brown's office added Sue Frank, the former chief executive officer of the Summit Association of Realtors, is scheduled to be sentenced May 19. She faces up to seven years in jail for felony theft.

Frank was arrested in December and accused of forging checks and making unauthorized transfers into her own account from the nonprofit association formed to support real estate agents with educational and other services.

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