DENVER — For nearly two years, a COVID relief fraud case against a Castle Rock couple has churned through the federal judicial system in Colorado, but now court records indicate there is a significant turn in the case.
According to recent court filings, Joshua Lybolt, who was indicted on 13 counts of wire fraud and money laundering, will enter a guilty plea to one or more of his charges next month. His wife Magdalena, who was facing one count of wire fraud, had her case dismissed.
Prosecutors alleged the Lybolts intentionally lied to the government and received approximately $5 million in COVID relief funds. Some of the money was spent on a $900,000 home in Snowmass, a $47,000 Land Rover and $25,000 on country club memberships…