DENVER—Colorado Attorney General John Suthers today issued three composite reports on Colorado’s calendar year 2011 subprime consumer lending activity (loans with an APR greater than 12% or that could exceed 12% on an adjustable rate loan). The reports cover all supervised lenders licensed by the Colorado Attorney General’s Office. They contain data on 265 companies at 851 licensed locations making deferred deposit or “payday” loans, small-installment loans, and traditional supervised loans.
News & Press Releases
ATTORNEY GENERAL SECURES CONVICTION AGAINST RAPPER DAME FAME AND FIVE OTHERS FOR CREDIT CARD AND BANK FRAUD -- 09/25/2012
DENVER — The Colorado Attorney General’s Office announced today that an Adams County District Court jury found six individuals, including the rapper known as “Dame Fame” of Brighton, Colorado, guilty in a pattern of racketeering activity. The six committed credit card and bank fraud as well as aggravated motor vehicle theft. They were all found guilty under the Colorado Organized Crime Control Act. The verdict was returned on September 20, 2012.
Qualified Borrowers Who Lost Homes to Foreclosure to Receive Mailing, May Be Eligible for Payment -- 09/24/2012
DENVER—Attorney General John Suthers announced today that claim forms are going out to Colorado borrowers who lost their home to foreclosure between Jan. 1, 2008 and Dec. 31, 2011, and who may be eligible for payment under the $25 billion national mortgage foreclosure settlement.
Eligible borrowers had mortgages serviced by Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo, the nation’s five largest mortgage servicers that agreed to the settlement with the federal government and attorneys general for 49 states and the District of Columbia.
STATE GRAND JURY INDICTS SIX PEOPLE IN PIZZA BURGLARIES -- 09/19/2012
DENVER — The Colorado Attorney General’s Office announced today that it has obtained a 35-count indictment from the statewide Grand Jury against six individuals for an alleged pattern of racketeering activity. The six are accused of primarily burglarizing Denver-area pizza and restaurant establishments in addition to other commercial businesses. They are all charged in Adams County District Court under the Colorado Organized Crime Control Act.
Colorado Attorney General Settles Consumer Protection Lawsuit against Internet-Based Marketing Program -- 09/10/2012
DENVER—Colorado Attorney General John Suthers announced today the settlement of a consumer protection lawsuit against Joseph Benedetto and his company, Consolidated Medical Services, LLC. The lawsuit alleged that Benedetto (39 years old) defrauded thousands of consumers through an internet-based affiliate marketing program.
STANLEY FENTON ANDERSON TO SERVE 11-YEAR PRISON SENTENCE FOR COMMITTING $1.6 MILLION IN SECURITIES FRAUD -- 09/05/2012
DENVER — Colorado Attorney General John Suthers announced today that Stanley Fenton Anderson (39 years old) is guilty of scamming 17 individuals out of nearly $1.6 million. He was sentenced by the District Court of Adams County to serve an 11-year prison sentence for securities fraud. Anderson owned Standerson Mortgage and Financial Corp., Standerson Trucking, Dirt Posse Motorsports, as well as other businesses.
COLORADO REACHES LANDMARK $181 MILLION SETTLEMENT WITH 37 OTHER STATE ATTORNEYS GENERAL AND JANSSEN PHARMACEUTICALS -- 08/30/2012
DENVER – Colorado Attorney General Suthers announced today that he and 37 other Attorneys General reached a record $181 million dollar settlement with Janssen Pharmaceuticals, Inc., a subsidiary of Johnson and Johnson (NYSE: JNJ).
COLORADO ATTORNEY GENERAL SECURES $69 MILLION AGREEMENT WITH THREE U.S. PUBLISHING COMPANIES OVER E-BOOK PRICE-FIXING LAWSUIT -- 08/29/2012
Colorado Consumers Entitled to Approximately $1.5 Million from Settlement
THOMAS K. TIENDA TO SERVE FOUR YEARS IN PRISON FOR HIRING HOMELESS FOR ASBESTOS DEMOLITION AND CAUSING ENVIRONMENTAL HAZARD -- 08/17/2012
DENVER — Colorado Attorney General John Suthers announced today that a Pueblo County District Court judge sentenced Thomas K. Tienda to four years in the Department of Corrections after his demolition of a Pueblo house led to the airborne release of asbestos. A Pueblo jury convicted Tienda of eight felonies.
ATTORNEY GENERAL INDICTS MEDICAL MARIJUANA DISPENSARY FOR SELLING OUT BACK DOOR; Members of Multistate Drug Distribution Ring also Indicted -- 08/13/2012
DENVER—The Colorado Attorney General’s Office announced today that it has obtained indictments against The Silver Lizard, LLC, a Denver medical marijuana dispensary, and members of a multistate drug ring.
