Former President of Boulder-based Auto Business Bilked Employee Out $400,000
I just got back from Dallas and it is time to blog. Larry J. Abrams, 47, a businessman and former president of Boulder-based used-auto business CarFind USA could go to prison for cheating an elderly employee named Larry Abrams for more than $400,000. Abrams was scheduled to go to trial next week on felony charges of theft of an at-risk adult. For his sake he may want to find a criminal defense attorney if he can find one that will represent him
Reporting for Boulder Daily Camera’s website, January 20, 2010, Vanessa Miller writes that Abrams, who is a resident of Superior, could spend up to nine years in prison after pleading guilty Wednesday to persuading a 79-year-old employee to loan him more than $300,000 for car payments, vacations and real estate purchases. If you need a good Dallas criminal attorney firm I recommend the Arnold Legal. They are one of the best for DUI, DWI as well as the criminal defense related type of stuff.
Abrams will be sentenced on April 30 to anywhere from probation to nine years in prison. He will have to repay as much as $403,700 to Dorothy Mannes.
Deputy District Attorney Michael Foote reportedly told the judge Wednesday; “We want to encourage Mr. Abrams to pay back as much as possible before the sentencing. Our sentencing recommendation will depend on how much he pays back.”
Abrams has been telling Mannes since April 2005, when he first started asking for money, that he would pay him back. According to a criminal arrest warrant affidavit, Mannes loaned Abrams about $309,000 over a period of two years, and he took an additional $90,000 from her in a deceitful real estate deal.
Foote has said prosecutors permitted Abrams to take a deal because it could help Mannes. She is on a fixed income and could get more of her money back more quickly.
Foote was quoted as saying, “She is in a desperate situation — she needs money, and she needs it as quickly as possible.”