Property Manager Convicted Of Stealing Homeowner Fees Totaling $1 Million Gets 7 Years In Prison Posted: 06/14/2011 By: Ron Regan, newsnet5.com
CLEVELAND - A property manager who admitted stealing more than one million dollars from homeowner and condo associations was sentenced to 7 years in prison following an exclusive 5 On Your Side investigation.
Tracy Reed, 51, was property manager for Aurora Management Company that controlled the finances of 20 community associations in Northeast Ohio.
Reed was sentenced Tuesday by Summit County Common Pleas Judge Judith Hunter on aggravated theft charges.
Prosecutors said Reed "operated a shell game, generating fictitious financial statements to cover up her illegal activities."
1 comment:
One of the links from that page is a story about "another isolated incident" of a property manager stealing money.
www.newsnet5.com/dpp/news/local_news/investigations/property-manager-convicted-of-stealing-homeowner-fees-totaling-1-million-gets-7-years-in-prison
Property Manager Convicted Of Stealing Homeowner Fees Totaling $1 Million Gets 7 Years In Prison
Posted: 06/14/2011
By: Ron Regan, newsnet5.com
CLEVELAND - A property manager who admitted stealing more than one million dollars from homeowner and condo associations was sentenced to 7 years in prison following an exclusive 5 On Your Side investigation.
Tracy Reed, 51, was property manager for Aurora Management Company that controlled the finances of 20 community associations in Northeast Ohio.
Reed was sentenced Tuesday by Summit County Common Pleas Judge Judith Hunter on aggravated theft charges.
Prosecutors said Reed "operated a shell game, generating fictitious financial statements to cover up her illegal activities."
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