FLORIDA – Condo president buys car, pays himself, with association funds

http://privatopia.blogspot.com/ : Condo president buys car, pays himself, with association funds

http://www.local10.com/news/community-president-buys-car-pays-self-salary-with-neighborhood-money/27853208
“Ed Ryan, a long-time condominium president in Fort Lauderdale, has been violating the law for years by paying himself tens of thousands of dollars — and even buying himself a car — out of neighborhood funds, according to state records. In September, the Department of Business and Professional Regulation alleged Ryan was illegally managing the association without a license and issued a cease and desist order to stop him from paying himself after he’d received $45,000 in the first nine months of the year alone. But Ryan, president of Georgian Court North Apartments, hasn’t missed a beat, admitting to Local 10 News that he’s still paying himself. “
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Posted on September 4, 2014, in Uncategorized. Bookmark the permalink. Comments Off on FLORIDA – Condo president buys car, pays himself, with association funds.

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