Embezzlement suspect turns himself in
An investigation that started in January has lead to the arrest of 30-year-old Brandon Outlaw of Avon on suspicion of theft, unlawful use of a financial transaction device and forgery, said Detective Doug Winters of the Eagle County Sheriff’s Office.
“He allegedly stole money from a management group that has numerous home associations involved with it,” Deputy District Attorney Brenda Parks said. “That’s why there are so many victims.”
Neither Outlaw nor his lawyer could be reached for comment.
James Poppleton, property manager of PRM Reality in Eagle-Vail, filed a complaint with police Jan. 22 alleging $442,000 worth of condo fee checks collected by PRM over the past year were not deposited in the company’s various bank accounts.
Outlaw is a former employee of PRM, according to the criminal complaint.
It is suspected somebody forged Poppleton’s signature and made the checks payable to themselves, the criminal complaint says.
The company is manages property for several local condominium and property owners’ associations.
“There’s a couple of different numbers. It appears to be over $600,000,” Winters said.
Poppleton told police he first became suspicious in December, when he noticed money missing. He did not press charges then because some of the money was paid back, according to the criminal complaint.
Poppleton could not be reached for comment.
Parks said there will be a meeting for victims of the alleged embezzlement at 5:30 p.m. Aug. 14 at the Avon Town Chambers.
“With financial transaction crimes, it takes a lot longer to investigate,” Parks said.
Matt Zalaznick covers public safety, Eagle County Courts and Avon/ Beaver Creek. He can be reached at 949-0555, ext. 606, or via e-mail at firstname.lastname@example.org.