Search
 

Former Hines Property Manager is Sentenced to Two Years in Bilking Scheme

DENVER-A former Hines Interest LP property manager will be spending the next two years in a federal prison for bilking his employer out of more than $100,000.

By John Rebchook | Updated on September 21, 2000

DENVER-A former Hines Interest LP property manager will be spending the next two years in a federal prison for bilking his employer out of more than $100,000.

Bob Cloud had been the manager of Downtown Denver’s “cash register” building, One Norwest Center. At his sentencing, Cloud told Denver US District Judge Richard Matsch that he has learned a lot in the two years of therapy since being accused of Federal crimes. “The amount of sorrow that I feel for my actions and the crime that I committed are great,” Cloud says, adding that the offense cost him his marriage.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.