Avi Schwalb, convicted in Colorado contracting scam, gets 10 years in prison

DENVER — Avi Schwalb, half of the father-son duo accused of running a contracting scheme that defrauded dozens of customers over a three-year stretch, was sentenced in Denver District Court to 10 years in prison Monday.

Schwalb, 70, was found guilty in February of 47 counts of theft, money laundering, and violating the state’s organized crime act related to the business practices of Schwalb Builders, which prosecutors allege stole money from customers from 2021 to 2024 and, in some cases, left their homes in ruins.

The 10-year sentence was related to his conviction on the first charge of violating the state’s organized crime act. All subsequent charges also carried prison sentences of 2 to 8 years, to be served concurrently with his original sentence…

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