The Star Beacon; Ashtabula, Ohio - Charges filed against condo management firm co-owner
More on the Ohio property management firm scandal:

SAYBROOK TOWNSHIP - - The co-owner of the firm that managed Mariners Point Condominium Association has been charged with one count of mail fraud. Kathleen DeSalvo, who co-owned MultiVest Management Inc. in Willoughby with her husband, James, is accused of transferring funds from MultiVest's clients' bank accounts and depositing the funds into MultiVest's accounts since 2000. She is also accused of creating false bank statements which reflected inflated balances in the clients' accounts. Kathleen DeSalvo allegedly provided the false statements to the accounting department which unknowingly created false financial statements that were mailed to MultiVest's clients each month, according to the information filed against her by the U.S. Department of Justice. No charges have been filed against James DeSalvo yet.