Tuesday, April 12, 2011

Is Carol Krengelis Fiscally Competent? & Fox Management Group Defaults, OWES OVER $55,000! (#657)

In her capacity as condo Treasurer (and later, President), so-called "business analyst" Carol J Krengelis voted several times to turn down a $150 a month deal for a common-area space she allowed to be rented for only $10 a month (to fellow Board member, art therapist Eddie Foss).
As a result of this, among several other poor decisions, the condo appears to now be operating at a loss (according to the annual financial statement)!
If that's how she handles something that affects her own financial well-being, how could she be trusted to handle something not related to her own best interests?
I wouldn't trust her to balance my piggy bank, much less anything of real value.

Tuesday's total for Fox Management Group's still-unpaid bill from July, 2008 (almost three years ago!)...$55,705.98 from an original $75! 
They've broken the $55,000 level!
Now that the 1% per workday cumulative late fee is over $550, it's really mounting up, at a rate of $2700+ a week! That's over thirty-six times the amount they originally owed!
It's over 650 (SIX HUNDRED FIFTY) late charges, and now the amount (with late fees) is over 670 times the original bill...
Is that just pitiful, or what?
I hope for her sake that Mara's better with her library books and DVD rentals! ;-)

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