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

WNCN.COM:  $500,000+ possibly stolen from 29 HOAs in Wake and Johnston counties, police say
By CBS North Carolina
August 16, 2016
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.  Read more:

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