A Boulder man convicted of running a time-share transfer scheme was sentenced to 12 years in prison Tuesday.
Kristopher Chavez, 36, also was sentenced to two years of work release and 20 years of probation following his prison sentence, according to Boulder County District Attorney spokeswoman Shannon Carbone.
Chavez was convicted in 2018 by a Boulder County jury of one count of violating the Colorado Organized Crime Control Act, one count of theft of an at-risk elder, and 19 counts of felony theft.
According to the initial grand jury indictment released in December 2016, Chavez and Timothy Hatcher operated a time-share fraud scheme from 2014 through September 2016.
Investigators said Hatcher would contact time-share owners across the U.S. — most of them elderly — and invite them to a seminar at a local hotel, where he would pitch a proposal wherein the owners would pay a onetime fee to transfer ownership of their time-share.
Once the payment was made, the owners would be referred to Chavez — operating under the alias Chris Culhane — to transfer the title out of their name as well as sign paperwork appointing a third party as the "attorney-in-fact" for the transfer.
But according to the indictment, the owners later discovered that their time-shares had not been legitimately transferred and that they were still liable for homeowners association dues and maintenance fees. Because they had named a third party as the attorney for the transfer, many of those owners never received the notifications that they owed payments.
While the sentencing wraps up his 2016 court case, Chavez is still facing more than 60 additional counts prosecutors filed in 2018 related to the scam, including violating the Colorado Organized Crime Control Act, theft, witness tampering, fraud, ID theft and criminal impersonation.
Chavez is scheduled for an arraignment in that case on March 15.
Hatcher pleaded guilty in 2018 to theft and was sentenced to probation and community service.