March 9, 2011 by admin.

(Updated)

The March 9th Las Vegas Review-Journal Editorial is about “HOA Abuse”. Here is a file with the article and some reader comments:   HOA abuse & comments

This editorial seems to strike a serious blow against the credibility of the SCA “Unity Party” advocates who seem to believe that the SCA Board does no wrong.  It helps to educate SCA voters why they should mistrust unity’s self-serving political machine con that appears to favor the business interests of the developers, attorneys, property manager and auditor over our shareholders–homeowners. 

SCA members who have taken so much personal abuse, vicious condemnations, and unfair public ridicule by SCA boards, Finance Committees, Election Committees and unity party leaders for the past few years can now be seen as the honest, ethical, selfless patriots they are.

Imagine that out of the “hundreds” of persons of interest to the FBI,  SCA may already have some names on the list.  Remember how the current board president and treasurer participated in the 2008 Finance Committee attack against a sitting board member for daring to question the finance committee’s “200 years of expertise”?  Since hundreds of years of “financial expertise” within Fannie Mae, Freddie Mac, Enron, and Madorf scams did not protect those stock holders, it is clear that claiming such training and work expertise is no guarantee of ethics or integrity in this HOA.

While the SCA issues may not seem identical to the ones making the R-J headlines, under the surface there seems to be direct links.   It is no wonder that certain (current and past) board members are so incessantly nasty to SCA members who tell the whole truth, and nothing but the truth! 

Certain board members are likely to have much to keep them awake at night when the FBI looks into the Sun City Anthem case. 

See this link to the R-J web site:
http://www.lvrj.com/opinion/hoa-abuse-117635883.html

Here are the words of the article:

HOA abuse

“One corruption scandal always seems to segue into another in Southern Nevada, where abuses of trust and public office are as common as foreclosed homes.The latest embarrassment to the community: the federal government’s 2½-year fraud investigation into valley homeowner associations. The Review-Journal’s Jeff German reported Sunday that the Justice Department has identified 75 to 100 co-conspirators including lawyers, judges and former police officers, and that plea deals are being finalized this week for some of them to shore up the prosecution of two-dozen high-level targets.

The inquiry surrounds a scheme to place conspirators on the boards of local homeowner associations through rigged elections, then have those conspirators vote to initiate construction defect lawsuits against builders. The legal work and resulting repairs then would be farmed out to lawyers and companies in on the plot.

The conspiracy was wide-ranging enough before Washington-based prosecutors took over the case from Nevada’s U.S. attorney’s office in response to suspected leaks to suspects. Local prosecutors and other officials are now the subject of a separate Justice Department criminal investigation, sources told Mr. German.

It’s not surprising that such a cabal was concocted around construction defect claims, a legal specialty that’s long been ripe for abuse. Using a handful of legitimate cases as a selling point, aggressive attorneys persuade homeowners with routine, easily fixable repairs that their problems result from developer greed and corner-cutting. Such litigation tied up entire District Court departments for years during the valley’s construction boom.

The entire Justice Department case strikes at the heart of the judicial system’s inability to police frivolous litigation and the lawyers who shake down businesses for quick riches. Every claim has merit; every attorney is righting a wrong. No cases are dismissed. It’s incredibly expensive insanity.

And it’s a prime example of why tort reform advocates seek a loser-pays civil litigation process, so attorneys with flimsy arguments will think long and hard before dedicating their resources to a bogus action, and businesses won’t be compelled to get out their checkbooks to settle every claim.

We’ve all paid handsomely for this alleged abuse and others like it through increased burdens on investigators, prosecutors, courts and businesses. At some point it has to stop.”

 ———————-

Posted in Removal Election, 2011 Campaign, Bob Frank-2011, Ann_Small, Truth Squad, Operations, Laws & Rules, SCA Board, News! | Print | No Comments »

March 8, 2011 by admin.

We have received requests for some of the referenced documents and records pertaining to the SCA Income Tax Matter and related IRS 70-604 information.

These files are mounted in PDF format on our www.AnthemVOICE.org history site under:

Prior Issues

Income Taxes

Misc. Documents & Records Accumulated Since 2008

See this link:  http://www.anthemvoice.org/taxes_issue.html

Posted in Bob Frank-2011, 2011 Campaign, Ann_Small, SCA Board, Operations | Print | No Comments »

March 7, 2011 by bobfrank.

Why would $4,779,709 of “Taxable Income not Recorded on Books” be reported on page 29 of the 2009 SCA Tax Return signed  by Auditor/Tax Preparer Gary Lein, CPA?

That page of the 2009  tax return also reports the $4,779,709 amount was a “Carryforward per Revenue Ruling 70-604 from 2008.”  So, this would seem to confirm that none of the multi-year retained assessment surpluses were ever “returned” as claimed by SCA Directors under penalty of perjury on the income tax returns filed each year since before 2005.  That would appear to be a case of possible tax fraud.

But, why would that off-the-books procedure not be caught/mentioned in the annual audit?   Would that be evidence of the Board, Finance Committee, RMI and auditor failing to comply with standard accounting rules?  If so, why would they do that?

Some may recall that the SCA Finance Committee under the leadership of Don Manning  in  2008 went crazy when the board and/or FC committee were questioned by members on anything.   The FC even went so far to claim they could not be mistaken because they said:

“The current FC is comprised of members who have combined business, financial and accounting experience in excess of two hundred (200) years. Four of the current FC members are retired CPA’s and have worked in both industry and public accounting. All FC members have degrees in accounting or finance, or have MBA degrees and extensive financial budgeting and management experience. One of the CPA members worked in public accounting for over twenty five (25) years and was a partner for over fourteen (14) years in one of the four (4) largest accounting firms in the world. Past FC’s have generally had similar levels of experience.”

But, for all the FC’s claimed education and experience, the IRS has shown the Committee and Board filed its taxes incorrectly, and now it seems the auditor/tax preparer was willing (for the first time) to disclose there was $4.8 Million in taxable income carried off the books.

How could a CPA who prepares the association taxes, and is personally aware of huge surpluses in off-book accounts (locations unknown) and reported it in the annual tax return, fail to mention the $4.8 Million in the annual audit of SCA?

Posted in 2011 Campaign, Bob Frank-2011, Ann_Small, SCA Board, Laws & Rules, Operations | Print | No Comments »

March 6, 2011 by admin.

Here are the contents of Bob Frank’s board campaign flyer.

Bob Frank Pg1 Flyer

Bob Frank pg2 Flyer

Please consider downloading it and attaching it to your emails to other SCa members with your recommendations and comments.

Posted in Bob Frank-2011, 2011 Campaign, SCA Board, Community Affairs, News! | Print | No Comments »