Theresa Tierney, 59, of Oakhurst, New Jersey has been indicted on charges she embezzled more than $400,000 from the Strickland Farms Condominium Association in Freehold where she had served as property manager. According to prosecutors, Tierney diverted association fees paid by members to an account she opened as sole signatory and then converted the funds to her own use. Tierney was arrested in April 2011 after the misappropriations came to light when homeowners began receiving notice that they were delinquent in their payments. Tierney has been indicted on felony charges of second-degree theft and second degree theft by failure to make required disposition of property.
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