More charges possible against missing Breckenridge attorney
October 29, 2007
BRECKENRIDGE, Colo. ” The Breckenridge Police Department expects to present details from its ongoing investigation in the Royal “Scoop” Daniel, III theft case to the District Attorney’s Office for the potential filing of additional charges, Breckenridge Assistant Police Chief Greg Morrison said last week.
Daniel, a well-known attorney and Breckenridge resident, disappeared in late April, and is suspected of defrauding his clients of up to $1 million through 1031 real estate exchanges.
District Attorney Mark Hurlbert filed two felony theft charges against Daniel last spring.
Morrison said the police department still has one detective working full-time on the case, and has selected five cases with the biggest losses to pursue for additional charges.
Those charges, if filed by the D.A., could come in the next several weeks, Morrison said.
The detective has been concentrating on executing additional search warrants on financial institutions, looking through years of financial records and meticulously tracing bank transactions, Morrison said.
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There is an active warrant out for Daniel, and some have speculated that he fled to South America where he had numerous business ties.
Morrison said tips on Daniel’s whereabouts or potential sightings have completely dropped off.
After Daniel’s disappearance, several potential victims reported losses to the police department.
One local friend reported losing $192,000 in a private home loan that Daniel never fully repaid. Unbeknownst to the alleged victim, Daniel sold the house in 2005, so the victim had no recourse to get his money back.
A couple that hired Daniel to act as a qualified intermediary in their 1031 exchange said they lost $80,303.10 because Daniel kept the proceeds of their condominium sale.
Daniel’s law license was suspended last May.