Dale Palmer, 53, of Kansas City, Missouri, pleaded guilty to charges he embezzled $751,302 from the accounts of 32 homeowner associations for which his firm, Home Owner Association Services, had been entrusted to manage. According to authorities, Palmer simply transferred funds from the association accounts to his own business account which he claims he did because of cash flow problems. His firm managed associations in Missouri, Kansas, Wisconsin, and Illinois. Palmer, who pleaded guilty to mail fraud, tried to hide the misappropriations by sending out fraudulent statements to association members.
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