The 51-year-old Lone Tree resident admitted taking millions from investors, including several professional athletes, through lies and omissions.
‘It was driven by thinking I had the Midas touch’: Tysdal gets six years in prison for securities fraud
Justin Wingerter
Justin covers litigation, white-collar crime and other news. He is a graduate of Southern Illinois University and previously reported for The Denver Post, The Oklahoman and The Topeka Capital-Journal. Justin@BusinessDen.com
Convicted wine scammer, wife face money laundering, PPP fraud charges
Ronald Wallace, 65, avoided prison time after ripping off wine connoisseurs. The couple pleaded not guilty to dozens of new criminal counts.
Owner of LoDo’s bankrupt Nativ Hotel sued by victims of nightclub shooting
The May 8 violence, which was caught on tape, resulted in an arrest. Meanwhile, the hotel may be sold off after an auction failed to raise $7.9 million.
‘An administrative nightmare’: Wayfair fights $600K Lakewood sales tax bill
The online retailer claims in a lawsuit that a 3 percent sales tax places “an undue burden on interstate commerce.” Lakewood declined to comment.
Feds say Colorado escapee orchestrated $700K oil and gas fraud from prison cell
Allen May was charged with 18 federal charges on June 22. He has been an outlaw since December 2018, when he escaped from an Englewood prison.
Tyler Tysdal sells Lone Tree mansion for $3M ahead of fraud sentencing
The sale of the six-bedroom, six-bathroom home could shorten the sentence Tysdal receives later this month.
Steve Bachar will lose his law license for ignoring court judgments
A judge ruled that the accused fraudster will be disbarred Aug. 1, the same day he is scheduled to be arraigned.
Sawaya Law namesake accused of sexually assaulting client
Meanwhile, mentions of Sawaya have slowly disappeared from the Sawaya Law Firm’s website.
Denver auction house accused of selling forged painting
Three buyers of what was ostensibly an 1894 work by the Mexican artist José María Velasco say the $50,000 painting is a fake.
Tysdal pleaded guilty to fraud a year ago. Why hasn’t he been sentenced?
The delays have allowed the investment fund manager to collect restitution to shorten his sentence. An attorney for his victims says he “should be behind bars.”
