Former Colorado City district manager faces theft and embezzlement charges

David Valdez, a former Colorado City district manager, was making a court appearance for an embezzlement case on 10/9/19.
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PUEBLO, Colo. (KKTV) - A former city district manager for a city in Colorado is facing criminal charges of felony theft and embezzlement.

On Sept. 13, the Pueblo County Sheriff's Office announced the charges against David Valdez. Valdez worked as the Colorado City district manager for eight years before resigning in 2018.

Sheriff’s Detectives began an investigation with the Metro District in June after it was reported that thousands of dollars in cash paid by customers for utilities were never deposited in the Metro District’s bank account. The investigation revealed that at least two customers paid cash to then-District Manager Valdez for water, but no record could be found of the money having been deposited into a Metro District account. Sheriff’s Detectives also learned that receipts were written by Valdez for the water purchases.

“As we learned of this discrepancy, we conducted a thorough investigation of the incident,” said Pueblo County Sheriff Kirk M. Taylor. “We want to thank the Colorado City Metro District officials for bringing this to our attention and fully cooperating with the investigation.”

According to court documents obtained by 11 News, the alleged crimes happened between May 2017 and Sept. 30, 2018. The first charge of theft is for a value of money between $20,000 and $100,000.