DENVER (CBS4) – A man convicted of running a scam that bilked investors out of more than $1 million several years ago has been arrested again, accused of running another scam.
Adelbert Bassford, 58, was arrested on Friday in connection with the scam.
“The allegation is that he has been using an assumed name, Jack Bass, and running a company called Roof America, to prey on new victims,” Lynn Kimbrough with the district attorney’s office said in a statement.
According to Kimbrough, Roof America, out of Lakewood, was a construction company that was supposed to prescreen contractors for customers.
“Bassford was indicted by a Denver Grand Jury just more than a decade ago, and was later convicted of violating the Colorado Organized Crime Control Act,” Kimbrough said. “He was sentenced to 22 years in prison but that sentence was suspended on the condition he successfully complete 12 years of probation that specifically prohibited him from running any new business.”
Bassford is being held without bond for violating the terms of his probation. Formal charges are expected to be filed later this week or next.