News & Press Releases

Attorney General announces settlement with Hollywood Video to resolve allegations of problematic debt collection practices

DENVER — Colorado Attorney General John Suthers announced today that his office has joined a multistate settlement with Hollywood Video to settle allegations that the company engaged in improper debt collection practices. According to the settlement, Hollywood Video’s collection agent, National Credit Solutions, reported negative credit information to credit bureaus on widespread basis without prior customer notice or opportunity for challenge, resulting in credit rating damage to affected consumers.

Attorney General announces $90.8 million multistate settlement with UBS to resolve bid-rigging allegations

DENVER — Colorado Attorney General John Suthers announced today a $90.8 million multistate settlement with UBS to settle allegations that the multinational bank engaged in anticompetitive conduct in the municipal bond derivatives industry. The settlement is one component of a coordinated law enforcement and regulatory action involving the U.S. Department of Justice, the Securities and Exchange Commission, and the Internal Revenue Service.

Attorney General announces 40-year prison sentence for Ponzi schemer the FBI extradited to Colorado

DENVER — Colorado Attorney General John Suthers announced today that a Douglas County District Court judge has sentenced William L. Walters (DOB: 1/30/1965), whom the Federal Bureau of Investigation extradited from Buenos Aires, Argentina, to face a series of securities fraud charges stemming from a 2007 indictment, to 40 years in the Colorado Department of Corrections. The judge also ordered Walters to pay $9.5 million in restitution.

Attorney General to visit seniors, community members in southern Colorado during first week of May

DENVER — Colorado Attorney General John Suthers will discuss consumer protection issues with Coloradans in Alamosa, Del Norte, Pagosa Springs and Walsenburg Tuesday, May 3 and Wednesday, May 4. The discussions, organized in partnership with AARP ElderWatch, will focus on common scams Coloradans are facing.

Representative from AARP ElderWatch also are hosting other consumer-information events in Durango, Gunnison, La Junta, Montrose and Trinidad between Monday, May 2 and Friday, May 6.

Attorney General announces lawsuit against Orlando law firm engaged in unlawful debt management practices

DENVER — Colorado Attorney General John Suthers announced today that his office has filed a lawsuit against Clint L. Johnson and his Orlando, Fla.-based law firm, the Johnson Law Group, suspected of engaging in unlawful debt management practices directed at Colorado consumers.

Attorney General joins with DEA, local law enforcement to announce statewide prescription drug take-back events

DENVER — Colorado Attorney General John Suthers announced today that more than 100 local law enforcement agencies will partner with the Drug Enforcement Administration to hold prescription drug take-back events on Saturday, April 30 at sites across the state.

“Prescription drug abuse is one of the gravest problems facing Colorado today,” Suthers said. “This continued partnership between the Drug Enforcement Administration and law enforcement across the state will help keep these potent drugs off the streets and out of the hands of youth and others to abuse.”

Attorney General announces $1 million judgment against Centennial mortgage broker Leo Shifrin and his brokerage companies

DENVER — Colorado Attorney General John Suthers announced today that a Denver District Court judge has ordered a Centennial mortgage broker and his mortgage brokerage companies to pay nearly $1 million in civil penalties, consumer restitution and disgorgement for engaging in deceptive advertising and fraudulent loan-origination practices. The ruling against Leo Shifrin and his companies also bars them from engaging in loan origination in Colorado. The judge also awarded the Office of the Attorney General attorneys fees and costs related to prosecuting the case.

Attorney General announces indictment against Frisco Holiday Inn, its owner and employees on suspicion of exposing guests to asbestos

DENVER — Colorado Attorney General John Suthers announced today that his office has obtained an indictment against four Coloradans and two businesses, New Vision Hotels and NVH Construction, on suspicion that they failed to properly abate and dispose of asbestos at a Frisco hotel. Because of their alleged actions, two dozen individuals who worked at and stayed at the hotel were exposed to asbestos.

Attorney General reaches settlement with Colorado Springs-based immigration services company

DENVER — Colorado Attorney General John Suthers announced today that his office has reached a settlement with Simply Done Immigration, a Colorado Springs-based business, and its owner, Joseph P. Corrigan (DOB: 12/21/1965), which bars them from offering immigration-help services in Colorado and requires them to pay $20,000 in consumer restitution.

Attorney General announces indictment against Colorado Springs man suspected of failing to pay taxes

DENVER — Colorado Attorney General John Suthers announced today that the Statewide Grand Jury has returned an indictment against Douglas Bruce (DOB: 8/26/1949) of Colorado Springs for failing to pay taxes on income he earned during the 2005, 2006 and 2007 tax years.