COLORADO – Property manager accused of stealing rents from clients, including two HOAs
coloradoan.com: Property manager accused of stealing rents from clients, including
Mar. 1, 2013 11:33 PM
By Trevor Hughes
A Fort Collins property manager accused of stealing $75,000 in rents from her clients has been arrested. Sherry Jefcoat, also known as Sherry Eichman, was the owner of Legend Property Management Real Estate. Her arrest Thursday is the latest in a string of troubles — her real estate license was suspended a year ago over the same accusations. Jefcoat was also sued by property owners who said she stole rent money that should have been deposited in their bank accounts.
Jefcoat last year told the Coloradoan the problems resulted from her extended absence from the business while caring for a dying parent and a U.S. Small Business Administration loan that mistakenly went into default. She blamed other people for the missing money. Police took Jefcoat to the Larimer County Jail on Thursday. Read more: