Ah, Las Vegas. “How we love ya, How we love ya.”
Get caught drunk driving and you might get a year behind bars. Embezzle a million bucks, cost fifty people their homes and you get 30 days!
Massoud Aaron Yashouafar is known in three states for his enormously fishy real estate deals. And he’s the big cheese behind the Paradise Spa scandal in Las Vegas. Much of the Homeowners Association burned to the ground in 2010, but somehow a million dollars in insurance money found its way to Yashouafar’s pockets instead of the homeowners.
Originally, the burned condos could have been rebuilt. But it took so much time to deal with the ruins that the county finally demolished them. To rub salt in the wounds of the homeless HOA members the county filed liens on the ruined units and sent the owners bills to pay for the demolition job. Ah yes, all those displaced homeowners are still on the hook for monthly dues!
Meanwhile Yashouafar gets thirty days.
Love ya, Las Vegas.
Ya got class!
(click here for Darcy Spears’ Hall of Shame’ report)