Two Boulder mortgage executives face charges

DENVER — A bankrupt Boulder-based mortgage lending firm and two of its former executives have been charged with securities law violations.

Colorado Securities Commissioner Gerald Rome said Monday that he filed a civil complaint in Denver District Court against US Capital Inc. and its two former executives, Lee Weinstein and John Koral, both of Boulder.

The complaint alleges they violated the anti-fraud provisions of the Colorado Securities Act in connection with raising funds for their mortgage lending company.

In the complaint, the Rome alleges that US Capital operated as a so-called “hard money lender” that specialized in making loans to commercial borrowers who…