Jaclyn Allen is a Denver7 Weekend Anchor and Contact7 Reporter.
DENVER — The largest towing company in Colorado has been sold after state investigations into predatory practices resulted in settlement agreements and civil penalties. Denver7 Investigates has been shining a light on Wyatts Towing for more than a year. Now, we are taking an in-depth look at what finally brought down the 'Impound Empire.'The sign on the window at Wyatts Towing states that the company is 'permanently closed,' adding, 'Your vehicle is NOT here.
Additionally, a new state law put guardrails around towing, prohibiting operators from patrolling lots and requiring landlords to direct tows themselves.'I think Colorado sent a really clear message that these types of predatory business practices don't work in Colorado, and we're not going to allow them to continue,' said Zach Neumann, co-founder and CEO of the Community Economic Defense Project, which saw a notable decrease in complaints after the new law went into effect.
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