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Construction Company Owner Accused Of Stealing Nearly $500,000 From Clients, Subcontractors

DENVER (CBS4) - A 70-count indictment has been returned by a grand jury against a man accused of stealing hundreds of thousands of dollars from property owners and subcontractors.

Roddy Reef
Roddy Reef (credit: Denver District Attorney's Office)

According to Lynn Kimbrough with the district attorney's office, Roddy Reef, 56, has been charged with violating the Colorado Crime Control Act, 64 counts of theft, and five counts of forgery.

"The charges allege that Reef, doing business as R2 Construction Company, engaged in a pattern of racketeering that included taking money from project owners who had hired R2 Construction to perform construction and remodeling services at various project locations," Kimbrough said in a statement.

Reef is accused of keeping money paid by project owners meant to go to subcontractors.

Kimbrough said Reef is accused of stealing more than $470,000 from at least 50 victims.

Reef is out of custody on a $10,000 bond. He's scheduled to appear in court on Jan. 7.

Additional Information From The Denver District Attorney's Office

Investigators believe there are additional victims. Anyone who thinks they may have been a victim should contact the Denver DA's Office Economic Crime Unit at 720-913-9179.

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