Tuesday, December 20, 2011

No Audit EVER & Fox Management Group Defaults, OWES OVER $300,000! (#834)

Did you know...according to the official Minutes of the Board, there had never been an outside audit of the Claremont Condo Association books?
(It's recommended that an audit be done no less than every five years...more frequently if fraud is suspected.
And fraud is suspected...)
Makes you wonder what Mara Feldman-Fox is hiding...

Tuesday's total for Fox Management Group's still-unpaid bill from July, 2008 ( over three years ago!)...$316,504.05 from an original $75!  
They've broken the $310,000 level! Now that the 1% per workday cumulative late fee is over $3100, it's really mounting up, at a rate of $15,500+ a week!
It's over 800 (EIGHT HUNDRED) late charges, and now the amount (with late fees) is over 2600 times the original bill...
Isn't that just pitiful?
But then, what can you expect from Mara Feldman-Fox, 
someone with only a bachelor's degree in accounting and 
NO other accreditation, whatsoever?
I hope for her sake Mara's better with her library books and DVD rentals! 
But I doubt it... ;-)

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