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…………..

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