HOA, condo & co-op corruption and fraud round up (June 2019)

By Deborah Goonan, Independent American Communities
debgoonan@icloud.com

This month’s roundup. Ex-treasurer gets one year to repay condo association. Law enforcement finally catches up with rental agent who allegedly cheated condo owners and vacationers. Police arrest former board member for alleged theft of almost $100,000.

 

Judge cuts former condo treasurer a break in plea deal

When nearly $11,000 went missing from the condo association’s bank account, Stillwater Condominium Association filed criminal charges against their former association treasurer, Jeanne Elizabeth Grover in 2017.

Grover also pled guilty to taking $1,200 from a local church, during the time she worked as an administrative assistant.

Despite this pattern of behavior, a Franklin County Judge recently decided to allow Grover up to one year to repay $10,812.59 to the association. If she does so, the state will drop its embezzlement charges.

The association has begun a separate civil lawsuit against Grover, who no longer lives at the Stillwater Condo Association.

Source:

Deerfield woman must repay money to condo association (MA)
By DOMENIC POLI | Daily Hampshire Gazette
Staff Writer Published: 6/22/2019 12:56:43 AM


 

Vacation rental agents arrested on fraud charges.

North Myrtle Beach police arrested Walter Pigg, 39, on charges of breach of trust with fraudulent intent. Pigg allegedly failed to deposit funds into the bank account of the Island Palms Homeowners’ Association. Instead, he withdrew $17,000, which, according to authorities, he spent gambling at local casinos.

Pigg is also under investigation for alleged thefts in connection with his former business, Keye Beach Rentals.

Vacationers paid Keye Beach Rentals for weekend reservations in advance, only to find out, upon arrival in Myrtle Beach, that their rental property was already booked by someone else.

Owners of the condo units complained that Pigg wasn’t paying them for the booked vacation rentals either.

Source:

North Myrtle Beach businessman arrested after stealing thousands from HOA, police say (SC)
BY ANNA YOUNG, Myrtle Beach Online News
JUNE 14, 2019 04:25 PM, UPDATED JUNE 14, 2019 04:32 PM

 


Police seeking condo treasurer with arrest warrant for more than $97K theft

Local papers report there’s an arrest warrant for Samuel Edwin Mcquade, treasurer of King’s View Condo Association, of Grand Forks, ND.

The condo board member allegedly took $97,650 from the business’ bank account, transferred to his own. Mcquade faces 20-30 years in prison if convicted of misapplication of funds and theft charges.

That may change if the alleged thief takes a plea deal. ♥

Source:

Condo treasurer accused of embezzling nearly $100,000 (ND)
Written By: Tess Williams, Grand Forks Herald | Jun 7th 2019 – 10am.