HOA, Condo & Co-op legislation highlights (June 2019, CO, IN, MD, NV, WA )

Law legislative legislature forum

By Deborah Goonan, Independent American Communities This month: Colorado CAM licensure extension vetoed; no mandatory mediation for Indiana HOAs; developer HOA voting rights clarified in Maryland; construction defect law changes in Nevada and Washington; WUCIOA limitations. Colorado CAM Licensure extension bill vetoed by Gov. Polis Since I last updated readers on the status of HB19-1212, the bill pertaining to continuation of licensing requirements for Community Association Managers (CAMs), I have learned that Governor Jared Polis Continue ReadingHOA, Condo & Co-op legislation highlights (June 2019, CO, IN, MD, NV, WA )

HOA, condo, & co-op corruption and fraud roundup (May 2019)

By Deborah Goonan, Independent American Communities This month: An affordable housing bribery scheme; Condo election ballot fraud; one community association manager sentenced and another under investigation for massive fraud and embezzlement involving dozens of condo HOAs. Bribes for affordable co-op apartments (NY) New York District Attorney Eric Gonzalez recently indicted three women in an alleged affordable housing fraud scheme. Two co-op board members of Luna Park and office manager of Metro Management are accused of Continue ReadingHOA, condo, & co-op corruption and fraud roundup (May 2019)

Why did it take years to discover a $2.5 million HOA fraud scheme?

Money-100-dollar-bills-theft-embezzlement

By Deborah Goonan, Independent American Communities   Maryland Attorney General Brain Frosh filed a complaint in April against Evergreen Management, LLC, and its owner, Jason Barry Oseroff. The AG alleges a whopping $2.5 million fraud scheme against thirteen homeowners and condominium associations. How could such egregious fraud escape detection for more than ten years?   About Evergreen Management Evergreen Management, LLC, was founded in December 2005 and stopped doing business in early 2018. The company Continue ReadingWhy did it take years to discover a $2.5 million HOA fraud scheme?

HOA, condo, & co-op corruption and fraud roundup (April 2019)

Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities Updated April 29, 2019 7:35 PM EDT This month: a bumper crop of HOA embezzlement and fraud investigations, arrests, and plea deals. Most of the crimes were committed by former HOA board members or managers. A common theme in these reports — the embezzler makes all kinds of lame excuses for stealing from neighbors, and then tries to bargain with the HOA to avoid criminal charges. Quite often, white-collar Continue ReadingHOA, condo, & co-op corruption and fraud roundup (April 2019)