The former president of Boulder-based used-car business CarFind USA could spend up to nine years in prison after pleading guilty 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, was scheduled to go to trial on felony charges of theft of an at-risk adult, but he instead pleaded guilty in Boulder County District Court to felony theft and criminal attempt to commit theft.
He's scheduled to be sentenced April 30 to anywhere from probation to nine years in prison, and he must pay back as much as $403,700 to Dorothy Mannes.
"We want to encourage Mr. Abrams to pay back as much as possible before the sentencing," Deputy District Attorney Michael Foote told the judge Wednesday. "Our sentencing recommendation will depend on how much he pays back."
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Boulder Businessman Could Go to Prison for Bilking Elderly Employee
Can't even trust your employer not to rip you off? Sick. This is sick.
ReplyDeleteHowever, thanks for pleading guilty Abrams, and saving the taxpayers the cost of a trial.
Yes, I suppose having the sentence comensurate with how much money he did pay back is a good idea because it gets him to pay back, and that helps the victim. Helping the victim is the most important thing.
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