Ventura County Sheriff’s Press Release — September 9, 2013

Ventura County Sheriff’s Major Crimes Investigators Arrest Suspects for Embezzling $900,000 from a Simi Valley HOA — And this isn’t the first time

Kristin Davis, the owner and CEO of Paradigm Management Group, and her Chief Financial Officer, Melissa Hoff, were arrested over the weekend (September 7, 2013) for embezzling approximately $900,000 from the Big Sky Homeowner’s Association in Simi Valley.

 In February 2008, Davis’ management company was contracted by the Big Sky Homeowner’s Association to manage the community.  While managing the community, Davis and Hoff systematically embezzled approximately $900,000 from Big Sky HOA bank accounts utilizing several schemes.  Soon after the thefts were discovered by the Big Sky Board of Directors in October of 2009, Davis closed down Paradigm and opened a similar company named MK Management. Detectives from the Sheriff’s Office Major Crimes Unit conducted an extensive investigation into the allegations which resulted in arrest warrants. 

To read the complete press release:  http://www.vcsd.org/press-release.php?id=680