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    Home»News»Utah property manager defrauded over $2 million to support gambling habits
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    Utah property manager defrauded over $2 million to support gambling habits

    Editor Times FeaturedBy Editor Times FeaturedDecember 17, 2025No Comments3 Mins Read
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    A property supervisor in Utah has been sentenced to 25 months’ imprisonment for defrauding over $2 million to help his playing habits.

    Blake Floyd Cozzens, 36, was jailed for wire fraud and financial institution fraud for embezzling cash from owners’ associations, property homeowners, and tenants, in addition to fraudulently stealing cash from a financial institution and an organization that supplied property-management software program utilizing his place as a property supervisor.

    Cedar Metropolis Property Supervisor Sentenced to Jail After Defrauding Victims of Over $2.1M

    Press Launch: 🔗https://t.co/BMtsABZlFP pic.twitter.com/oIKcgGE1Ap

    — US Legal professional Melissa Holyoak (@USAttyHolyoak) December 16, 2025

    US District Court docket Decide Robert J. Shelby additionally ordered Cozzens to take a time period of 4 years of supervised launch and pay $2,168,640 in restitution to the victims.

    “For over 5 years, Cozzens abused his place as a property supervisor to steal and cheat individuals and companies to fund his playing life-style,” mentioned US Legal professional Melissa Holyoak of the District of Utah. “As owners battle with affordability, the very last thing they should fear about is that their hard-earned cash paid to HOAs will probably be stolen from these entrusted to serve them.”

    Cozzens wouldn’t be the primary to show to fraud to help a playing life-style, with a similar crime committed over in the UK.

    Tens of millions of {dollars} had been embezzled in Utah and Las Vegas

    The fraud came about in each Iron County, Utah and Las Vegas. Between January 2020 and January 2025, Cozzens used his place as a property supervisor for a number of HOAs and particular person homeowners to embezzle $586,300 that was meant to be safeguarded for property administration, as a substitute funnelling it into his personal funds. He additionally submitted fraudulent deposits to an internet property administration system, stealing an extra $210,000.

    In Las Vegas, Cozzens defrauded a financial institution by handing in seven cashier’s checks with a worth of $1,414,000 to Las Vegas casinos in trade for markers, then falsely telling the financial institution that he had misplaced the checks. The financial institution stopped the funds to the casinos, leading to losses to the financial institution of $1,395,673.

    “When people in trusted roles commit monetary crimes, they hurt the very communities they’re meant to serve,” mentioned Glen Henderson, Inspector in Cost of the Phoenix Division. “The US Postal Inspection Service will proceed to collaborate with our legislation enforcement companions to research fraud and guarantee justice for victims.”

    Featured picture: Washington County Police

    The submit Utah property manager defrauded over $2 million to support gambling habits appeared first on ReadWrite.





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