Springs Woman Arrested, Allegedly Laundered $100,000

By: KKTV Email
By: KKTV Email

A four-month investigation by Colorado Springs Police Financial Crimes detectives has ended in the arrest of a woman who allegedly used a fictitious business to steal cash.

Police say the company was operating as Hidden Treasures, with a registered address of 2243 E. Bijou St. The suspect, 29-year-old Charli Amber Reaves allegedly defrauded several local and national financial institutions.

According to the arrest report, Reaves filed paperwork to register Hidden Treasures in early 2008. Detectives say she then used those documents to open business bank accounts and to purchase service with a merchant's credit card processing service.

Police say after setting up those accounts, Reaves was able to use the credit card numbers of two local victims to charge fictitious purchases through her business.

According to cops, within hours she would transfer or “launder” the deposited money to other bank accounts. Police also say Reaves would use her own credit cards to make fake purchases from Hidden Treasures. She would then allegedly write checks in the name of the business to local retail businesses to purchase goods.

Authorities say after those purchases were made, Reaves would protest these charges with her credit cards providers as fraud. The financial institutions in good faith would reverse the charges leaving the local retailer with the loss.

In total, detectives say Reaves used her business to shift around approximately $100,000 through her business accounts.

Reaves was arrested July 29, while appearing in court for another court case. Reaves faces several charges, including five counts of felony theft, one count of identity theft, and one count of forgery and fraud by check.


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  • by Ha! ha! Location: co on Jan 3, 2011 at 11:43 PM
    wow! Ur mom raised u right. A thief, a cheater, a free callgirl, and a crystalmeth smoking mother. Get a life, and real job like everyone else. And oh yeah, at least try and look like a female
  • by Ha! ha! Location: co on Jan 3, 2011 at 11:39 PM
    wow! Ur mom raised u right. A thief, a cheater, a free callgirl, and a crystalmeth smoking mother. Get a life, and real job like everyone else. And oh yeah, at least try and look like a female
  • by sux2bu Location: csprgs on Jun 1, 2010 at 08:51 PM
    LOSER!! all the $ U HAD AND U LOOK LIKE THAT..? EVER HEARD OF DYE AND SHAMPOO
  • by STILL ON TOP Location: SPRINGS on Dec 5, 2009 at 06:01 AM
    Still on Top Lawdog, you're not tough in person, you sure as hell aren't tough on here. Don't be quick to jump on someone that comments. You end up looking stupid when it's not who you think it is! Obviously the telephone tough guy didn't do anything or you wouldn't be crying about the no shows to your little meetings. So, why would the Tough Guy Typist act be any different? Go buff your head..see if it'll match your shiny little gold star..kisses!See ya around Lambert.
  • by lawdog Location: colorado springs on Aug 27, 2009 at 09:46 AM
    to Sharon, The cop got it right. Cops asked you to come in and share your side of the deal several times, but you always had a reason to go talk to some one else.
  • by sharon Location: colorado on Aug 7, 2009 at 07:54 AM
    this story is not the whole story, it leaves out the business was set up by Joyce Sneed who ran a similar business out of Stem Beach for a long time. This story doesn't have the facts, it is the delusions of Det Lambert who was fed erroneous info by Joyce and her son Justin in a petty arguement with Charli and thereby making Det Lambert the fool
  • by UNK Location: Colorado Springs on Aug 7, 2009 at 05:20 AM
    CARMA DELIVERED!!!!! I hope you spend the rest of yourlife in JAIL!!!!!!!!!
  • by ~TOO BAD~ on Aug 6, 2009 at 05:26 PM
    What a winner this one is!
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