Our buddy from Las Vegas sends us the latest news link (at bottom of this page). The Federal Prosecutor there will soon be indicting its last round of HOA scammers.
These are the guys, you may recall, who ran phony HOA board elections, got the fake board officers to start diverting millions of bucks worth of homeowners’ dues into the pockets of corrupt Nevada lawyers, police officials and building contractors. More than two dozen pleaded guilty; the feds say they may indict a dozen more before ending its racketeering investigation. It’s one of the most massive public corruption cases in the history of the FBI.
The Good Lord knows I don’t want to bore readers of my blog posts! But my feeling is that there are so many HOAs being victimized by embezzlers, that the name of every HOA crook ought to be publicized far and wide. These crooks are not only rotten people for stealing, but they’re stealing from neighbors who put them into positions of incredible trust. In many cases, they’re stealing from elderly retired people who just can’t afford to pay special assessments to cover the HOA’s losses.
This is hilarious! A Homeowners Association in Debary, Florida, refuses to let homeowners post political signs in their front yards. As we all know by now, the right to free speech in the Constitution’s Bill of Rights is not recognized by the American Homeowners Association movement.
Now, homeowners throughout the neighborhood are placing empty chairs in their yards where they could have placed their political signs. It’s an obvious reference to Clint Eastwood’s empty chair speech at the Republican National Convention.
Presumably, Republicans and Democrats in Debary ought to be concerned about their lack of access to free speech rights.
Every new guilty plea should bring a shout of joy from the thousands of elderly Las Vegas HOA members who’ve lost their life savings and home equity when this cesspool of crooks decided to start draining their neighbors of their savings.
Hooray!!!!!!!!!!!!!!!!!
This week Arnold Myers, a former HOA board member and a phony straw buyer of an HOA home, pleaded guilty to fraud and corruption and conspiracy to commit mail and wire fraud. He’s the 27th. The judge ordered him to pay $277,000 in restitution.
It’s always a sad day when a person in a position of trust violates the confidence he or she is given. It’s even sadder when the victims are elderly homeowners who’ve worked all their lives to save their money for retirement.
Homeowners Association boards and Property Management Companies, though, probably have more embezzlers than any other industry in America.
The latest arrest of a suspected embezzler happened in early July in St. Augustine, Florida. This blogger will enthusiastically post her name: she is 57 year old June Elizabeth Supko. She’s accused of stealing tens of thousands of dollars from the Captain’s Quarters Condominium Association.
