Category Archives: embezzle

Another HOA Shuts Down A Christmas Light Display

I actually do drive around Colorado neighborhoods in December looking for great light displays. It was always one of my family’s most favorite and most memorable Christmas activities.

In Westfield, Indiana another dynamic light display will be shut down this year. The Hamilton County homeowner says despite raising more than 20,000 dollars for the Make-A-Wish Foundation, he’s tired of the threats of legal action by the Village Farms Homeowners Association.

(link to story on the battle against Christmas lights)

 

When I’m Wrong, I’ll Admit it

Rumors are that the mastermind of the 60 million dollar Las Vegas HOA scam has reported for his federal prison sentence. I’ve long predicted that Leon Benzer would never, ever report to federal prison. He knows how to get in and out of Mexico. He once owned a tequila company there. With a 15 1/2 year prison sentence would he not be tempted to cross the border?

I’m still not giving up my suspicion that Benzer will retire to a Mexican beach. He’ll only serve half his prison time, anyway, so maybe he actually will show up. And the white collar criminals I’ve known have absolutely loved their time in prison. They’re worshiped as heroes behind bars. Of course, Benzer knows that. But we’ll see.

And yes, I’ll admit it if my prediction was wrong.

 

The Ongoing Las Vegas HOA Horror Show

I’ve been in the news business for 40 years and I’ve seen so many goofy things happen. Nothing surprises me anymore.

Yes, police investigators need to ask for lighter prison sentences for informants. But they have an overwhelming obligation to protect the public. That’s their primary job. When the number two player in a 60 million dollar scam victimizing Las Vegas homeowners agrees to cooperate with investigators, does that mean he gets off scott-free? Apparently in Las Vegas that’s exactly what it means. Ralph Priola could have been sentenced to 22 years. But federal prosecutors say he deserves no prison time. NONE!

Remember, Priola didn’t voluntarily cooperate with the cops. He was forced. This was a man caught throwing around 20,000 dollar bribes. This was a man as fundamentally corrupt as his boss, Leon Benzer, the mastermind of this massive scam. No jail time? Come on, guys, this was one of the two crooks who crashed the Las Vegas housing market. Prosecutors say he should only pay about 12 million dollars in restitution. But that’ll never happen. That will never, ever happen.

Jeff German, reporter for the Las Vegas Review-Journal, deserves a Pulitzer for the work he’s done on the HOA scandal. It would be a major crime if he didn’t win ALL the journalism awards.

(link to German’s story on Ralph Priola)

 

Las Vegas Cop Corruption

There’s an excellent column in the Las Vegas Review Journal about one of the sleazy cops who took part in the massive HOA corruption scandal. It’s linked below.

(link to Review-Journal column on corrupt cop, Kim)

Also linked is an FBI press release on its long-running HOA investigation. Supposedly, this was a ten million dollar swindle, but now the FBI is using the figure $58 million. The real losses are many times that amount because the Leon Benzer HOA swindle helped collapse the Las Vegas housing market and an untold number of people lost their homes and life savings. Someday, some smart investigator will start calling it the billion dollar swindle, which it clearly was.

(FBI press release on long-running scam to take over HOA boards)

 

Buy Stock In Your Own Foreclosure!

Yes, you too can become a vulture.

A financial firm has just filed with the SEC to buy and sell stock in a company that forecloses on HOA liens and foreclosures. You can now invest and make a profit on the misery of your neighbors. Definitely read the prospectus. And be ashamed for a country that allows this to take place.

(link to matt Weidner Law Firm)