A Weld District Court judge on Tuesday denied a motion to reduce bond set for a Fort Collins woman accused of bilking her Windsor employer out of about $300,000.
Jennifer Choury, 41, is being held on $100,000 bond and faces 24 counts of financial crimes, accused of making unauthorized withdrawals and transfers from accounts of companies owned by developer Martin Lind. She is accused of pocketing company money over the course of more than four years, sometimes laundering the money through the account of a nonprofit girls’ lacrosse organization in Fort Collins.
She was the financial controller for Water Valley Land Co. and the controller, director of finance and office manager for Trollco Inc. She also had duties with other companies.
Choury’s attorney, David Johnson, said Choury has no criminal history, and she cooperated with investigators before turning herself in on a warrant. He said about a dozen people, including Choury’s husband, attended Tuesday’s hearing, and they would continue to ensure that Choury complies with any requirements of bond.
“There’s really no reason to believe that if she was liberated on bond that she would continue any type of criminal behavior,” Johnson said.
Johnson asked Weld District Judge Julie Hoskins to consider reducing bond in the case to $10,000 so she can help care for her three children living at home.
Senior Deputy District Attorney Christian Schulte said any bond reduction would pose a risk to the community. He said outside of criminal charges, Choury has a history of stealing, saying there’s a “compulsivity and recklessness to the defendant’s behavior.”
Schulte said investigators found that Choury was fired from a previous job for altering a bonus schedule in her favor, and there also is evidence she continued to receive unemployment benefits after she started working at Lind’s companies. He said investigators believe she might also have been stealing from the Havoc Girls Lacrosse organization, of which she was treasurer.
Hoskins denied the defense’s request to reduce bond, saying the relatively strong likelihood of conviction and the possibility of severe penalties, including prison time, make the $100,000 bond appropriate.
“She has been engaged in a pattern of behavior that does not bode well for community safety, in terms of their financial safety, financial security,” Hoskins said.