Local property manager pleads guilty to stealing money | AspenTimes.com

Local property manager pleads guilty to stealing money

John Colson

Peter Nardi, a local property manager accused of stealing nearly $22,000 in rental receipts, pleaded guilty this week to reduced charges in a plea bargain with the local district attorney.

As part of the bargain, Nardi submitted a check to the 9th Judicial District Court on Monday for $12,000 in restitution.

He now faces a potential sentence of up to three years in prison, and a fine of up to $100,000, the standard sentencing range for the charge of criminally attempted theft, a Class 5 felony.

The original charge, theft of more than $15,000, was a Class 3 felony that carries a possible sentence of 12 years in prison and a fine of $750,000.

According to police, Nardi, 38, was working as a property manager for the Allen, Sharkey, Braden and Whitaker real estate firm last year, when he was hired by Red Mountain property owner Mary Dimatteo to look after several apartments.

Between June and November 1999, according to authorities, Nardi collected rent checks for Dimatteo’s properties but did not pass them on either to the real estate firm or to Dimatteo. And starting in November, said police, he began demanding that the tenants pay rent in cash.

According to Dimatteo, Nardi gave her $3,000 in rent receipts in August 1999, but nothing after that, claiming the units were empty and he was looking for tenants.

He was fired from the real estate firm after the principals became suspicious and began looking into his claims. Part-owner Janine Sharkey said a call from a former tenant, demanding repayment of a security deposit Sharkey had never received, prompted the suspicion.

Nardi’s next appearance before Judge J.E. De-Vilbiss is on Aug. 21, by which time he is supposed to have repaid the money he stole.

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