SOUTH CAROLINA – Myrtle Beach businessman arrested after stealing thousands from HOA, police say
MyrtleBeachOnline.com: North Myrtle Beach businessman arrested after stealing thousands from HOA, police say
By Anna Young
June 14. 2019
A North Myrtle Beach businessman, already under fire for allegedly embezzling close to $100,000 from clients over the last year, found himself in jail last week after stealing thousands from a Homeowners Association for personal use, according to an arrest warrant.North Myrtle Beach police arrested Walter Pigg, 39, on June 7 and booked him at J. Reuben Long Detention Center that afternoon. He was released the next day on $10,000 bond.
According to the warrant, Pigg failed to deposit funds from the Island Palms Homeowners Association into a nonprofit account, an account he was entrusted with managing and safekeeping, at BB&T Bank between September and December last year. Pigg instead withdrew more than $17,000 through an ATM and debit purchases, without HOA approval, to spend at The Big “M” Casino in Little River and Harrah’s Casino in Cherokee, North Carolina, the warrant states. Read more: