Colorado
AP Top 25: Colorado falls out of rankings after first loss and Ohio State moves up to No. 4
Colorado and Deion Sanders fell out of The Associated Press college football poll on Sunday after a resounding loss in one of the weekend’s showcase games, and the teams toward the top of the rankings were shuffled and tightened.
A season-high six teams received first-place votes, the most since the 2016 preseason poll. Georgia is still where it started at No. 1 in the AP Top 25, but it is down to 55 first-place votes out of a possible 63.
Michigan remained No. 2 and got a first-place vote. Texas stayed at No. 3 with two first-place votes. Ohio State moved up two spots to No. 4 and got a first-place vote after beating Notre Dame with a touchdown on its final offensive play.
The Fighting Irish slipped to two spots to No. 11.
Florida State dropped a spot to No. 5 after a victory at Clemson, but it nevertheless received three first-place votes.
No. 6 Penn State and No. 7 Washington each moved up a spot. The Huskies received a first-place vote.
Southern California fell three places to No. 8 while No. 9 Oregon and No. 10 Utah each moved up a spot to give the Pac-12 four teams in the top 10 for the first time in the history of the conference.
The Ducks’ blowout of Sanders’ Colorado team knocked the Buffaloes all the way out of the AP Top 25 from No. 19.
Colorado has been the story of the early season, starting 3-0 after winning just one game last season. The Buffs jumped into the rankings with an opening week upset of TCU, last season’s national runner-up.
After the Buffaloes were dominated at Oregon, USC comes to Boulder next week to give Colorado a chance to either jump back in the rankings or become an afterthought for voters for the rest of the season.
Utah’s victory over UCLA sent the Bruins falling out of the poll, leaving the Pac-12 with six ranked teams after two weeks with a conference-record eight.
Alabama, which fell out of the top 10 last week for the first time since 2015, inched up a spot to No. 12 after beating Mississippi.
The Rebels dropped five spots to No. 20.
POLL POINTS
Six teams receiving first-place votes is the most in a regular-season poll since Nov. 1, 2015.
In that poll, Ohio State was the No. 1 team, and like Georgia it had been that way since the preseason as the defending national champion. The Buckeyes received only 39 first-place votes.
No. 2 Baylor got six first-place votes as did No. 3 Clemson. No. 4 LSU got five. No. 5 TCU received four and No. 7 Alabama had one.
IN
Three teams entered the rankings this week, all for the first time this season:
— No. 23 Missouri is ranked for the first time since a brief stay in 2019.
— No. 24 Kansas is ranked for the second consecutive season. The Jayhawks have not had two straight years with poll appearances of any kind since 2008-09.
— No. 25 Fresno State, which has won 13 straight games, the second-longest streak in the country behind Georgia, finished last season at No. 24.
OUT
Joining Colorado and UCLA in falling out the poll was Iowa.
The Hawkeyes have yo-yoed in and out of the rankings and did not receive a single point this week after getting shut out at Penn State.
CONFERENCE CALL
The Southeastern Conference moves back into the top spot, though more than half are in the bottom batch.
SEC — 7 (Nos. 1, 12, 13, 20, 21, 22, 23).
Pac-12 — 6 (Nos. 7, 8, 9, 10, 16, 19).
Big Ten — 3 (Nos. 2, 4, 6).
ACC — 4 (Nos. 5, 15, 17, 18).
Big 12 — 3 (Nos. 3, 14, 24).
Mountain West — 1 (No. 25).
Independent — 1 (No. 11).
RANKED vs. RANKED
No. 10 Utah at No. 19 Oregon State. First ranked matchup between the two after 25 meetings.
No. 24 Kansas at No. 3 Texas. The first time the Jayhawks have played the Longhorns when they are ranked.
No. 13 LSU at No. 20 Mississippi. The 11th ranked matchup in the rivalry.
No. 11 Notre Dame at No. 17 Duke. Maybe the biggest home game in Duke history will be the first trip to Durham, North Carolina, for ESPN’s “College GameDay.” With Duke off the board, only six schools in Power Five conferences have not hosted the pregame show: California, Illinois, Maryland, Rutgers, Syracuse and Virginia.
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Follow Ralph D. Russo at https://twitter.com/ralphDrussoAP and listen at http://www.appodcasts.com
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AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll
Colorado
Toyota Game Recap: 12/22/2024 | Colorado Avalanche
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Colorado
Colorado authorities shut down low-income housing developer
The Colorado Division of Securities is pursuing legal action against a man whom it claims deceived investors and used the ownership of federally supported low-income housing projects to line his own pockets.
Securities Commissioner Tung Chan announced its civil court filings against Michael Dale Graham, 68, on Nov. 12.
Chan’s office filed civil fraud charges against Graham, and also asked for a temporary restraining order and freezing of Graham’s assets and his companies’. A Denver district court judge immediately granted both. Since then, two court dates to review the those orders have canceled; a third is scheduled for mid-January.
Graham operates Sebastian Partners LLC, Sebastiane Partners LLC, and Gravitas Qualified Opportunity Zone Fund I LLC (“GQOZF”), all of which were controlled by Graham during his “elaborate real estate investment scheme,” as described by the securities office in a case document.
The filing states Graham collected more than $1.1 million from eight investors to purchase three adjacent homes in Aurora. The Denver-based Gravitas fund and its investors purportedly qualified for the federal Qualified Opportunity Zone (QOZ) program with the homes. Qualified Opportunity Zones were created by the Tax Cuts and Jobs Act passed by Congress in 2017. The zones encouraged growth in low-income communities by offering tax benefits to investors, namely reductions in capital gains taxes on developed properties.
Graham formed Gravitas in early 2019 and purchased the three homes located in the 21000 block of E. 60th Avenue two years later. He quickly sold one of them with notifying investors, according to the case document. While managing the other two, Graham and Gravitas transferred the fund’s assets and never operated within QOZ guidelines to the benefit of its investors or the community, according to the state.
Gravitas also transferred the titles for the two properties to Graham privately. As their owner, Graham obtained undocumented loans from friends totaling almost $600,000. The two loans used the two properties as security.
Gravitas investors were never informed of the two loans, according to the case document. Also, Gravitas never sent its investors year-end tax reports, the securities office alleges.
Graham used the proceeds of the loans for personal use. No specific details were provided about those uses.
“Effectively, Graham used Gravitas as his personal piggy bank,” as stated in the case document, “claiming both funds and properties as his own. Graham never told investors about the risks associated with transferring title to himself. On September 1, 2023, he sent a letter to investors, stating that the properties ‘we own’ are doing well and generating growth due to record-breaking home appreciation. But Gravitas no longer owned the properties.
“Gravitas no longer had assets at all.”
Furthermore, the securities office said Graham failed to notify investors of recent court orders against him in Colorado and California. In total, Graham was ordered to pay more than $1 million in damages related to previous real estate projects.
Graham’s most recent residence is in Reno, Nev., according to an online search of public records. He evidently has previously lived in Santa Monica, Calif., and Greenwood Village.
Colorado
Colorado weather: Temperatures staying in the 60s Sunday
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