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Ex-CEO Of Colorado Real Estate Group Gets 5 Years For Theft

BRECKENRIDGE, Colo. (AP) — A longtime CEO of the Summit Association of Realtors who stole more than $415,000 from the nonprofit organization has been sentenced to five years in prison and must pay back the money.

The Summit County District Attorney's Office announced Tuesday that 62-year-old Sue Frank was sentenced after pleading guilty to felony theft.

Frank, who led the association for nearly 20 years, was arrested Dec. 2 and accused of forging checks and making unauthorized transfers into her own account from the association. The organization was formed to support real estate agents with educational and other services.

District Attorney Bruce Brown says the sentence "is the price thieves should expect to pay for stealing from their employer."

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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