Former McCook attorney sentenced to 18 years

Wednesday, December 9, 2015
Malcom

COLORADO SPRINGS, Colo. -- A former McCook attorney who went to prison for theft and forgery in Nebraska in 1998 was sentenced to 18 years in prison on Nov. 30 for stealing more than $1 million from two water districts in Colorado.

Terry Dean Malcom, 67, admitted to stealing more than $800,000 from the Cascade Metropolitan District from July 2007 to May 2013. In September, he agreed to plead guilty to three counts of felony theft of more than $20,000, according to prosecutors.

Malcom was sentenced in March 1998 to serve 2-6 years in the Nebraska prison for theft by deception and 1-3 years for second degree forgery. The thefts included $300,000 from a local estate and life insurance policy.

After his release and move to Colorado, he accused of stealing $825,000 from the Cascade Metro District and $206,000 from the Arabian Acres Metro District, for a total of $1,031,000.

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  • Once in a while, very rarely, justice is served!! Ya think maybe he has got the message that he isn't a very good thief???

    -- Posted by allstar69 on Wed, Dec 9, 2015, at 9:11 PM
  • I'm baffled at how he was able to be in a position to steal again. Didn't anyone check his past record?

    -- Posted by sleeping*giant on Thu, Dec 10, 2015, at 10:24 AM
  • http://www.csindy.com/coloradosprings/two-water-districts-lose-1-million-in-alle...

    One of his cronies from law school days. Theives, all mm of them.

    -- Posted by Hugh Jassle on Thu, Dec 10, 2015, at 6:51 PM
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