William Kyndall Francis, age 39, of Elkridge, Maryland pleaded guilty today to wire fraud. The guilty plea was announced by United States Attorney for the District of Maryland Rod J. Rosenstein and Special Agent in Charge Kevin Perkins of the Federal Bureau of Investigation, Baltimore Field Office. Francis owned and operated Legacy Investment and Management, Inc. (Legacy Inc.) and Legacy Investment and Management, LLC (Legacy LLC), which were both located at 10015 Old Columbia Rd. in Columbia, Maryland. Legacy Inc. and Legacy LLC (collectively Legacy) were both management firms that provided financial and property services primarily to homeowner and condominium associations (HOAs) in Maryland, Washington D.C. and Virginia Read the article………….
There is perhaps no task more vexing for a Board of Directors than enforcing the…
Q: Six months ago our homeowners association began replacing working streetlights with new ones. The…
The topic of an association's board of directors' fiduciary duties is not new to this…
Condominium and common interest community associations operate under a board of directors typically comprised of…
Gift-giving in the workplace amongst managers, management companies and vendors can be a thoughtful gesture,…
While HOAs can sometimes be subject to misconceptions, cultivating community cohesion can transform them into…