A Lochbuie man is accused of stealing nearly $600,000 worth of property from a Fort Lupton renewable energy company and selling it as scrap metal.
Dustin Ulmer, 42, faces two counts of theft between $100,000 and $1 million, according to an affidavit for his arrest.
Just before noon on Oct. 14, Fort Lupton police responded to Sphere Renewables, 13516 Weld County Road 8, on reports that an employee had been scrapping company property and pocketing the money.
Managers at Sphere Renewables said they had spoken with All Recycling in Brighton and learned that Ulmer had been recycling tower feet weekly since August, according to an affidavit for Ulmer’s arrest. Sphere Renewables declined to describe what tower feet are.
Managers said 149 units, each retailing at $4,000, were missing, the affidavit states. In total, the Sphere Renewables estimates Ulmer recycled approximately $600,000 worth of tower feet, according to the affidavit.
Ulmer was paid out just under $10,000 from All Recycling, the affidavit states.
He is set to appear for an advisement hearing Monday in Weld County District Court.
