Kingpin of NV HOA fraud scheme sentenced to 15 1/2 years

Posted by Deborah Goonan Originally Published on Neighbors at War By Ward Lucas Nevada Judge Finally Shows Some Guts Well, good old Las Vegas mobster Leon Benzer has finally met justice in his plan to steal millions and millions of dollars from Homeowners Associations. Not much justice, but at least federal judge James Mahan has …

Update: Sentry Management under criminal investigation for renting to squatters

By Deborah Goonan A few days ago I told you about a military family that returned from deployment to find squatters living in their home. (In case you missed it here's the previous blog) An updated report confirms that Douglas and Lori Tupper were forced to move out of the home when they discovered it …

HOA Fraud: What’s the Big Secret?

Reprinted from: The Privatopia Papers by Evan McKenzie http://privatopia.blogspot.com/2015/06/feds-fighting-to-keep-las-vegas-hoa.html Tuesday, June 30, 2015 Feds fighting to keep Las Vegas HOA fraud files secret "Federal prosecutors are fighting to keep secret the mass of evidence in the long-running investigation into the scheme to take over and defraud homeowners associations. Lawyers with the Justice Department’s Fraud Section …

Military family returns to find HOA collecting rent from squatters

By Deborah Goonan This is yet another nightmare story of outrageous abuse and power wielded by homeowners' associations. This story involves: Exploitation of a military family while deployed and on active duty Unresolved construction defects, specifically Chinese drywall The HOA allowing squatters to break into their home and pay rent to the Association You can …

Key Player in HOA Scheme gets 30 months in federal prison (NV Review Journal)

Posted by Deborah Goonan Commentary: When "key players" in a massive fraud scheme - resulting in millions of dollars in losses - are ordered to serve 30 months in prison, and make restitution of a share of a mere $100,000, one has to wonder if sentences for fraud and theft in Homeowners' Associations are tough …

Ex-HOA official Vicki Yancey, wife of BHS coach, arrested on larceny

Here's another report of alleged HOA theft by a former Board Treasurer. An audit called attention to financial discrepancies that have been traced to Vicki Ann Yancey, leading to her arrest in Ocala, Florida. Yancey served as Treasurer for 12 years. Originally published By Austin L. Miller Staff writer, Ocala Star Banner (FL) Published: Friday, …

Is anyone keeping track of HOA Embezzlements?

By Deborah Goonan Just about every week I read about another case of embezzlement or fraud in a homeowners or condo association. In the last couple of weeks, for example: a condo Treasurer from Wisconsin has been charged with diverting $25,000 from the HOA account a Pennsylvania woman, the daughther of a developer, faces charges of …

EDITORIAL: Case closed, prosecutors still won’t release HOA fraud files

Originally posted, July 1, 2015 LAS VEGAS REVIEW-JOURNAL The Justice Department went to outrageous lengths to keep its Southern Nevada homeowner association fraud case cloaked in secrecy for seven years. Federal prosecutors are prepared to go even further to keep the public from ever knowing the depth of the conspiracy and the scope of the investigation. …

Bob Norman investigates FL “Condo from Hell”

posted By Deborah Goonan Buyer beware. Even so-called luxury condominiums can face millions of dollars in needed repairs, or become victims of horrendous financial mismanagement, or both. These unhappy condo owners are wondering where all their money is going. Dozens of unfinished projects and deferred maintenance. Amenities that are unusable. You have to watch the video! …

Increased prison terms for HOA fraud scheme in NV?

by Deborah Goonan Anyone who follows news in the HOA industry knows about the FBI investigation and Justice Department prosecutions of nearly 40 individuals in an elaborate scheme to defraud homeowners' associations of millions of dollars earmarked to correct construction defects. (If you are not aware, the article linked below provides a good summary) Leon …