This one happened right under my nose here in the Denver area. The Denver vicinity, as some of you know, is home to one of the biggest HOA embezzling cases in the country. A management company stole homeowners blind in a largely minority community. But these homeowners were smart enough to catch this jerk. The bitterness, though, never really goes away.
Now there’s another incident, this one in the same part of town. David W. Martin, PMG Enterprises Inc., has had to surrender his state license to manage Homeowners Associations. He may be the first to do so under Colorado’s new licensing law. The law isn’t perfect. It has very few teeth and some appointed state officials who are really out of their league.
For the record, here’s a link to the story in the Denver Business Journal.