August 23, 2004
Contact: Lynn
Kimbrough, 720-913-9025
*On June 30, 2005 Jeffrey Felker pleaded guilty to one count of defrauding a secured investor (F3) and one count of offering a false instrument (M1). He was granted a 3-year deferred judgment sentence and was ordered to pay $6,363 in restitution.
Man charged in
motorcycle fraud
A Denver grand jury
has handed down a 21-count indictment against a man accused of
defrauding a bank of more than $200,000.
Jeffrey
Felker (DOB: 09-14-58) is charged with
nine counts of defrauding a secured creditor (F3 & F5),
and twelve counts of theft (F3 & F4).
The charges allege
that Felker, who owned and operated Colorado Motor Company,
opened a line of credit from Compass Bank in April of 1999 for
an inventory of Harley Davidson motorcycles. The charges allege
that Felker submitted original motorcycle titles to the bank,
but then sold the motorcycles to unsuspecting customers using
duplicate titles.
Compass Bank
discovered the scam during a routine collateral count. Felker
is scheduled to surrender on an arrest warrant later this
week.
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