CRIMINAL INVESTIGATION UPDATE
We understand that the investigation of suspected criminal activity by two current board members announced earlier this month is moving forward by the Fraud and Forgery section of the Henderson Police Department. Whether the investigation stops there or is referred to the Clark County District Attorney’s Office for their consideration of possible felony prosecution has yet to be determined.
In our earlier report on this subject, on the Today's Anthem View page, we advised that the issue involved the possible board execution of a false document in 2008 when Roz Berman was president concerning the board’s failure to return excess funds carried over from the prior year to homeowners as required by IRS Revenue Ruling 70-604. While this investigation pertains to funds carried over from 2007 only, we have learned that the board has been executing such false documents in prior years, declaring that such excess funds were also returned to the homeowners when no such return of funds ever took place. While this information has only recently come to light, it is apparent that key board officers have been making such false declarations routinely over the years. To view what is contained in such a board declaration, called a board resolution, click here, when in 2007 Mike Dixon was president.
Recalling that this tax issue only came to light at a board meeting in 2009, key board officers have been participating in this alleged deception apparently since the inception of the community. Over this period, the accumulation of excess funds had grown to over four million dollars, and has been safely deposited in our bank accounts, as we reported last August in the article “The Check is in the Mail.” We will attempt to update you as additional information becomes available.
Ron Johnson, 20 January 2010
Something for others to ponder.
OK, let us assume that key board members have been falsely executing what are purported to be important federal tax declarations on the disposition of excess funds to homeowners. Admittedly, while the board has been executing such resolutions, we all know that homeowners have not been receiving annual checks or credits towards assessments ever since we moved to Sun City Anthem, at least not pursuant to the IRS Revenue Ruling. If that's the case, is it a reach to ask whether such board members are entirely guiltless when it comes to allegations of their tinkering with data to falsely portray the level of fully-funded transition reserves and monies owed to the reserve accounts of our Villa homeowners? That's something for Villa Neighborhood homeowners to ponder, as well as those who may have assisted such efforts.