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Coin thief sentenced in federal court

A former collections manager at the Colorado Springs-based American Numismatic Association’s Money Museum has been sentenced in a theft of valuable coins worth hundreds of thousands of dollars. Wyatt Yeager, 33, was sentenced to 27 months in federal prison, two years supervised release and ordered to pay $948,505 in restitution for the theft of 300… Continue Reading Coin thief sentenced in federal court

No network is secure from cyber theft or cyber warfare. Continue Reading Nations, businesses under attack in cyber warfare

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Wyatt Yeager, a former collections manager for the Colorado Springs-based American Numismatic Association pleaded guilty today in Federal District Court to stealing 300 historic coins and artwork valued at nearly $1 million. The Numismatic Association, a trade organization for money collectors and scholars that runs at the local museum, said that Yeager, now 33 years… Continue Reading Manager pleads guilty to stealing $1 million from Numismatic Association

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A man lost part of his pinky finger when a thief snatched an iPad that was in a bag tied around the man’s hand. Fifty-nine-year-old Bill Jordan said he had just purchased Apple’s latest must-have item at a store at Denver’s Cherry Creek Mall Thursday and was near the parking garage when a thief grabbed… Continue Reading Man loses part of finger in iPad theft

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Business fraud on the rise during recession

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Companies are dealing with more than just bad financial news – they also are dealing with a steep increase in business fraud.

One in three companies around the world reported they were the victims of business fraud during the past 12 months Continue Reading Business fraud on the rise during recession

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The Statewide Grand Jury has indicted James Shattuck on theft, forgery and securities fraud charges. He is accused of obtaining money from investors for what they thought was the construction of a car wash in Northglenn. Shattuck also is accused of using money he obtained to develop a subdivision in Weld County to pay off personal debt. According… Continue Reading Brighton man indicted on theft, forgery and securities fraud charges

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The Statewide Grand Jury has indicted Ernie Colter on three counts of theft and one count of forgery for his role in fraudulently obtaining a loan for a client and then stealing some proceeds from a related real estate transaction. According to the indictment, Colter, acting as the originating broker for a real estate transaction,… Continue Reading Indictment obtained in mortgage fraud, theft case

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During tough times, there is often more incentive for internal fraud, and even long-term, trusted employees could be tempted to steal, if their personal finances are at risk. “That’s no different for a medical practice, than it is for any other business,” said Steve Hochstetter of Stockman Kast Ryan and Co. accounting services. “Doctors who… Continue Reading Internal controls key to preventing fraud, theft

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