Arlen Lasinsky discusses preventing association fraud |
|
|
Many community associations these days are besieged by owners who are delinquent on their assessments. That's only one recessionary woe. Boards need to be extra alert for fraud and embezzlement.
The temptations are greater than ever, said Arlen Lasinsky, a certified public accountant and director of litigation and forensic services for Frost, Ruttenberg & Rothblatt PC, in Chicago.
"The standard reasons someone commits fraud are drugs, alcohol, gambling, boyfriend, girlfriend and medical bills," he said. "Lately, with the recession, it's also to buy groceries and make the mortgage payment." Read full article.
|
