What to Do When You Suspect Financial Fraud: From Step One to Forensic Audit

Despite taking every possible precaution and being on top of your building’s financial activity, there may still come a time when your condo or co-op board suspects fraud. Don’t panic. Here’s what you should do.  “The first thing to do is to be in touch with your auditor and your attorney,” says Mindy Eisenberg Stark, a certified fraud examiner and CPA in private practice. “I think when boards try to do it themselves they get very emotional.”   Read article……..

Editor

Recent Posts

What can homeowners associations enforce in Illinois? Here’s what state law allows

If you’re a part of a homeowners or condominium association in Illinois that has a…

1 hour ago

Firefighters battling another two alarm fire at Rosslyn condo building (VA)

For the second day in a row, there’s a fire in a large Rosslyn condominium…

2 hours ago

SE Houston neighbors say mailboxes have been busted up for 3 months (TX)

A resident told KHOU 11 News the cluster box units in the Bay Knoll subdivision…

2 hours ago

Condo Smarts: Depreciation report rules differ within province (BC)

Dear Tony: As a follow up to last week’s column on depreciation reports, our management…

2 hours ago

Peace flag defender sparks online debate: The Ridge at Eagle Crest bans all flag displays but the Stars and Stripes (OR)

The Eagle Crest area west of Redmond is home to seven neighborhoods' homeowners associations, one…

2 hours ago

Mount Pleasant village president dumps waste from private pond on public land to avoid cost (WI)

The village president of Mount Pleasant is facing public criticism for using a village-owned property…

2 hours ago