Fredrick D. Ziegler will be back in Larimer County District Court in Fort Collins on June 25 for a pre-trial hearing on five counts of felony theft.
The charges are based on Ziegler’s activities between March 2004 and August 2006 as a principal in ZWZ LLC, developer of the Wellington South-The Knolls subdivision.
Ziegler was arrested on April 30 by Larimer County deputies and posted a $10,000 personal recognizance bond. He appeared May 17 before Judge Devin R. Odell with his attorney, Michael Liggett of Liggett Smith and Johnson in Fort Collins.
The arrest warrant alleges that Ziegler and ZWZ co-mingled personal and business funds with money belonging to the Wellington South homeowners association. The 11-page document further alleges that Zeigler and ZWZ used HOA money to pay for improvements on property owned by the developers and that Ziegler withdrew in excess of $54,600 from the HOA account that was never replaced.
Ziegler, 67, faces two Class 3 felony counts of theft in an amount of $15,000 or more and three Class 4 counts of theft of between $500 and $15,000.
Liggett did not return phone calls requesting comment for this story.