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
The Gardens at Flowers Plantation (Association Section 2)
Glen Road Townhomes
Greystone Crossing HOA
Hoke Landing Community
Hollyfield at West Bay Estates
Hunter’s Mill HOA
Ives Landing HOA
Jordan Ridge HOA
Quail Woods Owners Association
Rowland Meadows HOA
Rowland Pond Subdivision
Sierra Heights HOA
The Meadows of Southfort Plantation
The Valleys at Ashebrook
The Village of Aversboro
White Oak Landing