Former Attorney Gets 10 Years For Embezzlement

By: AP
By: AP
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DENVER (AP) -- A former Denver attorney accused of embezzling millions of dollars from clients has been sentenced to 10 years in prison.

The Denver District Attorney's Office says 52-year-old James W. Faber was sentenced Friday and was ordered to pay more than $4 million in restitution. Faber pleaded guilty to violating the Colorado Organized Crime Control Act when, between 2006 and 2010, he solicited money he said would be invested in the exploration of mining and natural resources.

Instead, he used the approximately $2.7 million to pay himself, run his law firm, pay for business expenses, pay former investors and invest in martial arts studios.

The Denver Post reports the restitution amount included the losses to victims, plus interest.

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