Thursday, September 04, 2014

Condo president buys car, pays himself, with association funds
"Ed Ryan, a long-time condominium president in Fort Lauderdale, has been violating the law for years by paying himself tens of thousands of dollars -- and even buying himself a car -- out of neighborhood funds, according to state records. In September, the Department of Business and Professional Regulation alleged Ryan was illegally managing the association without a license and issued a cease and desist order to stop him from paying himself after he'd received $45,000 in the first nine months of the year alone. But Ryan, president of Georgian Court North Apartments, hasn't missed a beat, admitting to Local 10 News that he's still paying himself. "
One of the cool parts about volunteer private government:  having access to all that money!