At Least 17 Waterville Valley Condo Groups Missing Funds | LoanSafe: (Source: By Dave Solomon, The New Hampshire Union Leader, Manchester (MCT) WATERVILLE VALLEY —
At least 17 different condominium associations in the Waterville Valley area reported missing funds to local police last week, triggering a weekend search of the condo management company offices and an investigation that is likely to be turned over to the county attorney or attorney general for prosecution.
Waterville Valley Chief of Police David C. Noyes said the amount reported missing is “at least” in the tens of thousands of dollars. A search warrant was executed Saturday and Sunday, he said, at the offices of Stone Property Management, 35 Tecumseh Road.
“They do business with 28 different associations in town,” Noyes said. “Seventeen have come forward so far and made complaints.”
Oops. Yet another one of those isolated instances. Nothing to see here--move along.