Steve Bachar, a disbarred Denver attorney accused of defrauding an investor of $125,000, is set to plead guilty in Denver District Court on Monday — six months after a judge rejected the firs…
A disbarred Denver attorney accused of defrauding an investor of $125,000 is set to plead guilty in Denver District Court on Monday — six months after a judge rejected the first plea agreement reached in the case on the grounds it was too lenient.
Steve Bachar, 57, on Wednesday asked to plead guilty to a single count of felony theft in a deal with prosecutors in which the two other felony counts against him — securities fraud and a more serious theft charge — would be dismissed, according to a series of court filings. Bachar could be sentenced to as much as six years in prison under the terms of the new agreement — a change from the last plea deal, which Denver District Court
because it would have allowed Bachar to avoid prison time and have the felony wiped from his record if he’d met certain conditions. Bachar pleaded guilty under the first plea agreement in November, but then withdrew his plea when JohnsonThe tossed deal would have required Bachar to pay $174,000 in restitution to the man he defrauded — money he did pay to Denver District Court ahead of the plea. Johnson said the deal gave the impressionUnder the new plea agreement, Bachar must repay $182,000 to the victim, an amount that accounts for interest — but there’s a catch.
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