BREAKING NEWS: Search Ongoing For Man Considered Armed & Dangerous In Boulder (Full Story)

After Case Spans 7 Years, Man Convicted Of Racketeering In Denver

DENVER (CBS4) – A man accused of scamming individuals and businesses out of hundreds of thousands of dollars was sentenced on Monday.

Lynn Kimbrough with the Denver District Attorney’s Office said Douglas Alan Glaser, 41, was indicted in 2005 and was found guilty of violating the Colorado Organized Crime Control Act, conspiracy, securities fraud, forgery, criminal impersonation, credit card fraud, and possession of a weapon by a previous offender in three separate trials.

Glaser was sentenced to 25 years in prison.

The case spanned seven-years and eight scheduled trials, two mistrials, seven different attorneys at different times for the defendant and numerous appeals.

“The criminal enterprise came to light in 2005 after Glaser was the victim of a hit-and-run accident. A Denver police officer became suspicious of Glaser’s identification, prompting further investigation,” Kimbrough said in a statement. “A Denver Grand jury later indicted Glaser and a co-defendant alleging that they worked together on a securities fraud scheme that misrepresented stock investments and failed to disclose Glaser’s criminal history.”

The Colorado Division of Securities, the Office of the Inspector General, Social Security Administration and the United States Secret Service assisted the Denver Police Department in the investigations.

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Denver

JonBenét Ramsey Docuseries
DAY OF SERVICE

Listen Live

AM/FM Stations

Featured Shows & Multimedia