Whistle blower: Management firm misused HOA funds (CO)

A complaint filed with the state of Colorado’s real estate regulatory agency alleges that a local property management firm has, since 2012, misused funds intended for homeowners’ association payments in the upscale residential neighborhoods at the base of Aspen Highlands.  The funds in question could total $500,000 or more, said a witness to the complaint filed recently with the Colorado Department of Regulatory Agencies’ Division of Real Estate, alleging misrepresentations by Diamond Kip’s Inc., which does business as Aspen Valley Services.    Read the article…………..


Related Articles

Former strata member to be sentenced in East Van condo fraud (BC)

A former member of a Vancouver strata council will be sentenced on Monday after bilking his fellow homeowners out of

Homeowners say HOA forcing them to make thousands of dollars in unnecessary repairs (CA)

Homeowners in the North County contacted 10News after they say their homeowners association is forcing them to make thousands of

Northwest Austin neighborhoods pay out of pocket for more police (TX)

Concerns over speeding and code enforcement have led at least three Northwest Austin neighborhoods to pay for extra law-enforcement patrols.