Saturday, January 12, 2013

New federal indictment coming soon in HOA scheme - News -

New federal indictment coming soon in HOA scheme - News -
"Federal prosecutors are preparing to seek a long-awaited indictment as early as next week in their final push to charge conspirators in a massive scheme to take over Las Vegas Valley homeowners associations. The Las Vegas Review-Journal has previously reported that as many as a dozen defendants could be named in the corruption indictment being sought by attorneys with the Justice Department's Fraud Section in Washington, D.C."
There have been 28 guilty pleas so far. If the article is correct in saying that as many as twelve new indictments are coming, it would make the network of schemers as many as forty people. Contemplate that: an industry so troubled that, in a single mid-sized city, there is a fraud network encompassing forty people.

1 comment:

IC_deLight said...

I think the bigger sign of just how corrupt this industry is would be the range of defendants and their roles in the governmental system. The defendants include police officers, judges, lawyers, builders, etc.

I'm sure the "homeowners" knew it when they moved in.