A Steamboat Springs developer was sentenced to six years in prison Thursday for hiring someone to kill a former business partner, a crime the judge said was about “greed with a capital ‘G.’ ”
Brooks Kellogg, 72, also was ordered to pay a $100,000 fine. The U.S. probation department had recommended a fine of $15,000, based on financial documents Kellogg submitted to the court that showed he had no income and that he is about $38 million in debt.
But U.S. District Judge Christine Arguello said she didn’t believe that Kel logg — who owns several properties, including a home valued at $2.6 million — was accurately reporting his assets.
“I don’t think you’ve been candid with us,” Arguello told Kellogg.
Kellogg’s attorney, Larry Pozner, told the judge that, like many other real-estate developers, Kellogg is underwater on multiple properties.
Kellogg was arrested last October after FBI agents said he flew to Denver from Chicago and paid an undercover agent he believed was a hit man $2,000 to kill Steven Bunyard. Kellogg owed Bunyard $2.5 million as part of a legal settlement over a Steamboat Springs development deal. Sara Burnett, The Denver Post
