Cottonwood Police searching for suspect in a 100,000 business fraud case.

Cottonwood Police have released more information regarding the further investigation of fraud within the Cottonwood Old Town Association or OTA. Sgt. Monica Kuhlt says in the latter part of April 2018, detectives took a fraud report involving OTA. During the investigation detectives learned 50-year old Traci Ann Koelzer was the Treasurer for OTA and the suspect. Kuhlt says the financial loss exceeds one hundred thousand dollars. She says it appears Koelzer became aware of the pending criminal investigation and fled the area. Her whereabouts are currently unknown. Kuhlt says they have established probable cause to arrest Koelzer for her alleged felony conduct and involvement in this investigation along with a warrant for probation violation. If you have information to Traci Ann Koelzer’s whereabouts you are encouraged to contact Silent Witness at 800-932-3232 or Cottonwood Police at 928-649-1397.

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