DENVER – A disbarred Denver attorney who pleaded guilty to one count of felony theft in September was sentenced to three years in prison for defrauding an investor of $125,000, the Denver District Attorney’s Office announced Monday.
In October of 2017, an investor wired $75,000 to a subsidiary of Empowerment Capital after Bachar offered him 10% interest in Empowerment’s profits. Bachar never invested the money from either payment like he promised or repaid the money to the investor, according to Denver District Attorney Beth McCann, who previously said Bachar spent most of the investor’s $125,000 for personal use.
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