Fountain Court Condos - "The Fountain Of Information", Thursday, May 14, 2009

"THE FOUNTAIN OF INFORMATION"
Thursday, May 14, 2009

HEADLINE -

-- WHAT CAN HAPPEN IF YOU CONTINUE TO ALLOW YOUR BOARD AND MANAGER TO BREAK ALL OF THE RULES... OR YOU CAN JOIN US IN OUR ATTEMPTS TO STOP THEM FROM BREAKING ALL OF THE RULES --

To recap the information provided in the past four days of "The Fountain Of Information", leading up to today... the day of our Special Homeowner's Meeting at 6:30 P.M., below are MANY recent articles showing WHY there is a mandatory provision of the Condo Documents requiring the books to be audited by an independent accountant each year... although the current board and manager and many or most of the past boards and manager have FAILED TO HAVE THIS MANDATORY AUDIT DONE!!!!

Woman Accused Of Bilking Association of $484,196.00 -
http://www.pnj.com/article/20090508/NEWS01/905080323/0/NEWS01/Woman+accused+
of+bilking+association+of++484+196

Treasurer Guilty Of Forging Checks -
http://www.delmarvanow.com/article/20090512/NEWS01/905120338/-1/newsfront2/Treasurer+guilty+of+forging+checks

Casablanca Condos Homeowner's Association Fraud -
http://www.petitionspot.com/petitions/casablancacondosfrau

Condo Fraud Cases Prompt Calls For Advice -
http://www.ccfj.net/condofraudadvice.html

Owners Of HOA-Management Firm Accused Of Fraud, Theft -
http://www.ccfj.net/HOAAZmanagerfraudtheft.htm

"Manager of a 268-unit homeowners association stole $1.5 million during a seven-year period before his activities were discovered" -
http://www.asaecenter.org/PublicationsResources/AMMagArticleDetail.cfm?ItemNumber=7100

Man Accused Of Condo Fraud Pleads Guilty -
http://www.hoanewsnetwork.com/media/news/man-accused-of-condo-fraud-pleads-guilty.php

An Owner Lists An Online Complaint About Their Problems -
http://www.complaintsboard.com/complaints/mill-pond-homeowners-association-c114915.html

HOA Bill Designed To Stop Fraud -
http://www.chore.us/050719%20AZ%20-%20HOA%20bill%20designed%20to%20stop%20fraud.htm

"This is about good people demanding to know and having a RIGHT to know where the hell their money is going, and why they shouldn't have to pay for the incestuous illegal shenanigans of entrenched and crooked HOA boards, lawyers and managers working in cahoots against innocent homeowners."
http://www.ahrc.com/new/index.php/src/news/sub/article/action/ShowMedia/id/2284

HOA Board Member Faces Six Fraud Charges -
http://www.hoanewsnetwork.com/media/node/1194

Two Arrested In Condo Association Scam (Manager & Contractor) -
http://www.hoanewsnetwork.com/media/video/two-arrested-in-condo-association-scam.php

Manager getting kickbacks from service companies and contractors hired to work on condo property.
http://www.suntimes.com/business/roeder/1559993,CST-FIN-roeder06.article

The following four articles/documents will further help with information on how-to prevent fraud... BUT... IF OUR BOARD/MANAGER WILL JUST START FOLLOWING OUR CONDO DOCUMENTS, THERE ARE ALREADY BUILT-IN PROTECTION AND PREVENTION CLAUSES... SUCH AS FULL DISCLOSURE TO ALL OWNERS AND MORTGAGEES AND FOLLOWING THE CONDO DOCUMENTS WHEN PROPOSING NEW CHANGES OR PROPOSALS SO THAT THE OWNERS GET TO VOTE ON THESE PROPOSALS... ESPECIALLY PROPOSALS WHERE THEY ARE TRYING TO ILLEGALLY CHANGE THE CONDO DOCUMENTS, WITHOUT A VOTE OF THE OWNERS.

http://realtytimes.com/rtpages/20010418_fraud.htm

http://www.ehow.com/how_2364987_prevent-fraud-against-homeowner-associations.html

http://realtytimes.com/rtpages/20040324_hoastandards.htm

http://www.becker-poliakoff.com/pubs/newsletters/cu/cu_2009_v04.pdf

I hope to see everyone at the Special Homeowner's Meeting tonight!!! Remember, it starts at 6:30 P.M. and should be over no later than 8:30 P.M., according to the Notice that was sent out last week.

Until next time, let "The Fountain Of Information" flow!

Lenny Vasbinder, Editor
TheFountainOfInformation@gmail.com
http://www.TheFountainOfInformation.Blogspot.com
Cell-504-621-1870 eFax-413-318-0742

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Lenny Vasbinder NHSNOLA@gmail.com
Cell-504-621-1870 Fax-413-318-0742
http://www.NeighborhoodHomeServices.com
P.O.Box 74031, Metairie, LA 70033-4031
Handyman Services, Lawn & Garden Care, Residential Contractor, General Cleaning & Trash Hauling, Etc.