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Cedar City property manager facing felony charges for alleged financial crimes

A Cedar City property manager is facing multiple felony charges following an investigation that uncovered alleged financial irregularities involving a homeowners association account.

Blake Floyd Cozzens, 35, was arrested Wednesday and charged with 10 counts of unlawful fiduciary dealing, each a second-degree felony.

Authorities allege that Cozzens misappropriated more than $1.9 million from accounts belonging to a Cedarbend Homeowners Association account he managed through his business, Stress Free Property Management.

The charges stem from an investigation into discrepancies reported by the HOA as it prepared to transition control from the developer to property owners.

According to court documents, Cozzens allegedly engaged in unauthorized withdrawals, wire transfers and the creation of multiple accounts under the association’s name, while maintaining sole access to the funds.

Read the full story at StGeorgeUtah.com.

This article is published through the Utah News Collaborative, a partnership of news organizations in Utah that aim to inform readers across the state.