TEXAS – Property manager gets 35 years for HOA theft

Jun 9

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KTRK – abclocal.go.com:  Property manager gets 35 years for HOA theft
 June 9, 2012

HOUSTON (KTRK) — Hundreds of homeowners are learning that their homeowners association fees didn’t go to the improvement or upkeep of their neighborhood. Instead, a man has admitted to taking the money and they’ll never see it again.

Investigators say that property manager admits he took advantage of a lot of innocent and hardworking homeowners. And now they say he’s paying the price with prison time.

Property manager Taggert Mayfield was sentenced to 35 years in prison Friday for stealing a major amount of money from numerous homeowners associations who hired his company, Arrow Community Management.   Read more:

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