Monday, March 28, 2016

State must improve policing of condo fraud | Miami Herald

State must improve policing of condo fraud | Miami Herald

Gee--do you think?  Actually there are about 50 states that should improve their policing of condo and HOA fraud. But perhaps a person could be pardoned for being a bit skeptical about any state or local government's intention to actually do something about it. Local governments have been using CIDs as cash cows for decades, and the profits come from collecting property taxes and not providing services. Criminal investigations and prosecutions for white collar crime are expensive. Got to the police or prosecutors with a condo fraud issue and they tell you it's a civil matter.

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