[vc_row][vc_column][vc_column_text]Debra Campbell, the owner of a company that managed finances for Homeowners’ Associations, was sentenced to 37 months in prison and ordered to pay $410,889 in restitution for wire fraud and filing false tax returns.
Campbell knew which HOA boards did not monitor their bank account and began transferring money from those accounts into her business account. She used the money for personal expenses. To conceal the theft, she altered the HOAs’ bank statements to reflect a higher balance. From 2015 to 2018 she stole more than $250,000 from 23 of her client HOAs. She did not report this additional income on her tax returns, causing the IRS a loss of $150,000.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][us_image image=”3528″][/vc_column][/vc_row]
