14 Plead Guilty in FBI Investigation of Vegas HOAs

Attorney Trey Wilson handles lawsuits and pre-litigation disputes involving enforcement of restrictive covenants/deed restrictions, Homeowner Association member voting/ballot/proxy issues, HOA Board elections, collection of assessments/dues, placement and removal of liens, CCR/Declaration disputes, developer HOA control/turnover, ACC approval, HOA Board governance, Abuses by Homeowners Associations and drafting/amendment of HOA documents including By-laws.

14 Plead Guilty in FBI Investigation of Vegas HOAs

WASHINGTON?Fourteen individuals pleaded guilty yesterday in the District of Nevada for their roles in the scheme to fraudulently take control of various home owners? associations (HOAs) in the?Las?Vegas?area.


According to plea documents, the defendants each pleaded guilty to one count of conspiracy to commit mail and wire fraud, and?the fraud scheme operated from approximately August 2003 through February 2009 with various co-conspirators joining that scheme at different times. The conspirators operated the scheme to direct construction defect litigation and repairs at condominium complexes to a particular law firm and construction company.


In order to accomplish the scheme, certain co-conspirators identified?HOAs that could potentially bring construction defect cases. Once identified, the co-conspirators enlisted real estate agents to identify condominium units within the?HOA?communities for purchase. The co-conspirators then enlisted individuals as straw purchasers to use their names and credit to purchase condominiums in the complexes. The defendants admitted that the co-conspirators provided the down payments and monthly payments to the straw purchasers, including?HOA?dues and mortgage payments, and that various false and misleading statements were made to secure financing for the properties. Certain co-conspirators operated and managed the payments associated with these properties. The payments were often wired between California and Nevada.


Ten other individuals pleaded guilty in 2011 as part of the government?s ongoing criminal investigation of activities related to various?Las?Vegas?HOAs.


Read the FBI's Press Release at this link: ?http://www.fbi.gov/lasvegas/press-releases/2012/fourteen-individuals-plead-guilty-for-their-roles-in-scheme-to-fraudulently-control-home-owners-associations-in-las-vegas

Source: http://sanantoniohoalaw.blogspot.com/2012/07/14-plead-guilty-in-fbi-investigation-of.html

post grad arpaio carol burnett neil degrasse tyson neil degrasse tyson davy jones death born this way foundation