The People of the State of Colorado, Complainant v. Steven J. Mascarenas, Respondent

Summary

The court found that Respondent intentionally participated in a fraudulent scheme to obtain more than $450,000 from a prospective purchaser of his wife's store, then repossessed the store and diverted assets to frustrate collection. Because the admitted misconduct violated the rule prohibiting dishonesty, fraud, deceit, and misrepresentation, and caused severe financial and personal harm, the court imposed disbarment. The court also ordered restitution and payment of disciplinary costs.