Second Judical District
201 W, Colfax Ave, Dept. 801
Denver, CO 80202
December 14, 2023 Contact: Matt Jablow, 720-913-9025
DENVER — Denver District Attorney Beth McCann announced today that a Denver County grand jury has indicted Kyle Arienta on 39 counts, including the Colorado Organized Crime Control Act (COCCA) and multiple counts of securities fraud and theft. Additionally, Arienta has been charged (not through a grand jury) with 11 counts of completed or attempted home burglaries.
According to the grand jury indictment, Arienta initially stole approximately $1.1 million from three families who had hired him to complete construction projects on their homes in the Denver area. He allegedly abandoned all three projects after doing only minimal work. He then allegedly convinced several former clients and friends to send him “investments” on a construction project that did not actually exist, ultimately stealing approximately $1.7 million from these victims through September of this year.
In a separate case, Arienta is being charged with 11 counts of completed or attempted home burglaries that occurred primarily in Denver’s Crestmoor, Hilltop, Wash Park and Belcaro neighborhoods in November of 2023. Additional cases remain under investigation.
“Mr. Arienta is accused of violating the trust of numerous clients and friends, as well as burglarizing numerous homes, and these charges are an important step toward holding him accountable for his alleged crimes. I want to thank the prosecutors and investigators in my office, the Colorado Division of Securities, and the officers and detectives with the Denver Police Department and the Cherry Hills Village Police Department, whose hard work on these cases have gotten us to this point,” said DA McCann.
About the Denver DA’s Office:
Our mission is to professionally and competently prosecute crimes and investigate criminal activity on behalf of the people of Colorado, and to seek equal justice for all in the criminal justice system. Our mission also includes preventing crime, supporting the well-being of victims, being involved in the community, being transparent and accountable, and improving the criminal justice system to provide fair alternatives to incarceration in appropriate cases.