Apr 28, 2011 6:11 PM by Greg Boyce
DENVER (AP) - A Chicago developer accused of flying to Denver to arrange the murder of a business associate has pleaded guilty to one charge in exchange for others being dropped.
Brooks Kellogg appeared Thursday in federal court in Denver where he pleaded guilty to interstate travel with intent that murder be committed. Prosecutors have agreed to drop four other charges and recommend a maximum of six years in prison when he's sentenced June 30.
The FBI arrested the 72-year-old Kellogg in October after authorities say he gave $2,000 to an undercover agent to arrange the murder of Stephen Bunyard of Destin, Fla., who settled a lawsuit with Kellogg and his company for $2.5 million. The Steamboat Pilot and Today first reported that a plea agreement was reached.