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A Denver woman was charged today with stealing more than $500,000 while working as a property manager for a Colorado Public Employees’ Retirement Association.
The woman, Beth Ann Roybal, 52, was a senior portfolio manager for the association working as a property manager. The charges announced today by the Denver District Attorney’s Office allege that the theft occurred from 1993 until 2009 as Roybal would skim rent checks and submit fake invoices for the property she managed. Roybal retired in February.
The DA’s Office is charging her with 19 counts of theft/series and one count of forgery.
Roybal was arrested on Monday in connection to the investigation. Her bail is set at $100,000 and as of Friday afternoon it has not been posted.
