Tuesday, March 10, 2015

Nevada Supreme Court justices deny tipping HOA conspirator to FBI raid

The trial judge prevented a Las Vegas Review-Journal reporter from asking a defense attorney who the justice was...but six of the seven have said it wasn't them. 
"The identity of the Nevada Supreme Court justice alleged to have tipped off a construction defect lawyer to the federal homeowners association investigation in 2008 remained a secret Tuesday. This came as six of the seven justices on the high court when the late Nancy Quon was thought to have received the tip denied speaking to Quon about the high-profile investigation.

Witness: Nevada Supreme Court justice warned HOA conspirators of raid


I've been wondering why this entire case has stayed out of the national news media.  How about this, journalists?  Is this enough to get your attention?  A witness testified that a justice of the Nevada Supreme Court tipped off attorney Nancy Quon (who later committed suicide) of the pending FBI raid aimed at the Las Vegas HOA fraud ring.

Monday, March 09, 2015

Nevada justice warned HOA conspirators of police raids, witness says | Las Vegas Review-Journal

Nevada justice warned HOA conspirators of police raids, witness says | Las Vegas Review-Journal: A witness in the trial of four defendants charged in the massive scheme to take over and defraud homeowners associations testified Monday that she was told a Nevada Supreme Court justice tipped off the late attorney Nancy Quon to the FBI investigation.

Deborah Genato, who pleaded guilty in the scheme, testified she learned that Quon was alerted beforehand to FBI-led raids across the valley in September 2008. Quon’s law office was among the many sites agents searched.

Genato said her boss, Lisa Kim, who ran a company that managed several HOAs linked to the multimillion-dollar scheme, told her about the tip. Kim, who also pleaded guilty, is on the government’s witness list, but has not been called to testify for prosecutors, who plan to wrap up their case as early as Tuesday.

Four remaining defendants, including longtime attorney Keith Gregory, are standing trial on conspiracy and fraud charges in the courtroom of U.S. District Judge James Mahan.

This years-long tawdry tale of corruption in Privatopia, Nevada sector, is worthy of a House of Cards-like series.

Colorado moving closer to licensing property managers


On July 1, Colorado will become the tenth state to require HOA and condo association managers to be licensed. It is incredible that in 40 states anybody can get some business cards printed and become a community association manager.  Colorado's legislature was persuaded by "horror stories," as the linked article explains.  The basic model of CID regulation that has emerged in a few states since the mid 1990s has three components:  (1) manager licensing; (2) more detailed state regulation of associations' internal processes, such as elections, document amendments, access to records, meetings, and assessment collection; and (3) a condo/HOA ombudsman who keeps basic records on associations in the state, provides education, and records and/or helps to resolve disputes.  It is a minimalist model that fails to address some major risk factors--the biggest one being association finances--but it is better than the nothing that we had previously. Owners need some basic protections, and caveat emptor doesn't cut it.