Tag Archives: accounts

AZ: Anthem writes off $1.1 Million in delinquent HOA fees

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

The Anthem Community Council in November wrote off 876 past-due accounts that totaled $723,410. In May, the council wrote off another $433,608 from 305 delinquent accounts that were nearly past due for nearly three years.
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FL: Affidavit: Maze of bank accounts used in Bonita Springs condo embezzlement

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

They called the transactions “shareholder loans.” Over three years, Charles Bennett III and Kenneth Marwick moved hundreds of thousands of dollars in condominium association fees into and out of multiple bank accounts they controlled and used for personal expenses, according to an affidavit.
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