Fraud & Embezzlement

Stolen condo association funds recovered with minimum loss, but cyber criminals once more prove the need for diligence (FL)

Sophisticated cyber criminals managed to steal $3,300 from a Key Biscayne condo association, but it could have been much worse. …

1 year ago

Man accused of stealing thousands from Indiana homeowners association

A southern Indiana man accused of stealing from his homeowner's association is now facing multiple theft charges.  Darren Gerlach is…

1 year ago

South Africa: Woman to spend five years in jail for stealing more than R1.6 million from her employer

“Between January 28, 2019 and October 24, 2019, the accused was employed as a financial administration manager at Zandspruit Homeowners…

1 year ago

Ask the HOA Expert: How Susceptible Are HOAs To Embezzlement?

Question: How susceptible are HOAs to embezzlement? What are common safeguards and how effective they are?   Read the Q&A.....................................

1 year ago

Police recover $101,000 in Key Biscayne condo email fraud case (FL)

Key Biscayne Deputy Chief Jason Younes said the department worked with state and federal authorities to recover the money but…

1 year ago

How You Can Safeguard Your Community Association’s Finances Against Fraud

Payment fraud is nothing new. Even in the Stone Age, someone likely tried to pass off a cheap stone ax…

1 year ago

Woman stole $175K from N.J. senior community, prosecutors allege

Alicia K. Campbell, 35, of Mays Landing, faces charges of theft, financial facilitation, forgery, falsifying records and credit card fraud,…

1 year ago

After arrests and 300% fee hikes, Florida’s largest homeowners association gets new board (FL)

The last time the Hammocks held an election for board members, it was a debacle that further alienated homeowners from…

1 year ago

Board Members, and Owners, have to Watch Each Other

A condo owner who served 15 years on the board was arrested and accused of stealing millions of dollars of…

1 year ago

Man faces fraud charges from SL condo association (MI)

A Grand Rapids man is facing two felony fraud charges after allegedly stealing from a Spring Lake condo association.  William…

1 year ago