$500,000+ possibly stolen from 29 HOAs in Wake and Johnston counties, police say

A screen shot of the website for Kornerstone Community Management, Inc.

GARNER, N.C. (WNCN) — More than $500,000 may have been stolen from 29 home owners associations in Wake and Johnston counties that are managed by a company called Kornerstone Community Management, Inc, Garner Police say.

Police said Tuesday the possible embezzlement was discovered after some HOAs came to authorities about the matter last week.

Garner police said that the issue will take some time to examine because of extensive bank records involving the 29 possibly affected associations.

Kornerstone Community Management, which is located at 1300 Benson Road in Garner, is accused of fraud and embezzlement.

The first three associations to report to police did so on Aug. 9 and were Wellington Homeowners Association, Village Of Aversboro and Laneridge HOA, according to a Garner Police report.

Police said that this is the list of possible victims in the case — so far:

Arbor Greene HOA

Boling Townes

Broadmoor HOA

The Gardens at Flowers Plantation (Association Section 2)

Glen Road Townhomes

Greystone Crossing HOA

Hoke Landing Community

Hollyfield at West Bay Estates

Honeycutt Landing

Hunter’s Mill HOA

Ives Landing HOA

Jordan Ridge HOA

Krendle Woods

Laneridge HOA

Leone Landing

McKenzie Subdivision

Partin Place

Quail Woods Owners Association

Rowland Meadows HOA

Rowland Pond Subdivision

Sierra Heights HOA

Southern Trace

The Meadows of Southfort Plantation

The Valleys at Ashebrook

The Village of Aversboro

Vandora Pines

White Oak Landing


4 thoughts on “$500,000+ possibly stolen from 29 HOAs in Wake and Johnston counties, police say

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s