Thursday, September 3, 2009

HERE IS A LESSON THAT ALL HOA'S MUST LEARN FROM! Ex-property manager pleads guilty to grand theft

From the Ventura County Star in Ventura CA comes this tale of horror-
ex-HOA manager Daphne Brenon, who formerly worked for Dahl-Davis, an HOA management company in Westlake Village, is going to jail for embezzlement. Having been caught stealing over 400k from an HOA, and using checks from another HOA to funnel money out of their checking account by using a person who claimed to be a contractor...

Your lawyers and accountants will fill you in on the lessons that must be followed, so read up and then go look at your books!



A Westlake Village woman has pleaded guilty to two counts of grand theft and one count of filing a false tax return and admitting to taking more than $150,000, Ventura County prosecutors said Tuesday.

Daphne Ann Brenon, 53, will be sentenced Nov. 4. She is expected to be sentenced to four years and eight months in prison, according to Senior Deputy District Attorney Howard Wise.

Brenon was the property manager for Spanish Hills Homeowners Association of Camarillo from 1998 to 2004, Wise said. While in that position, Brenon stole more than $400,000 from the homeowners association by writing association checks to herself and her employer, Dahl Davis Property Management in Westlake Village, according to the district attorney’s office.

Brenon also had checks from Spanish Hills Homeowners Association and Westlake Canyon Oaks Homeowners Association, of Westlake Village, written to a friend who Brenon falsely claimed was a contractor, Wise said.

READ THE REST OF THIS ARTICLE BY CLICKING HERE

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