Aventura Condo Manager for Atlantic II at the Point Gets Jail Term

A $500,000 grand theft put condo manager Lourdes Rodriguez behind bars for 21 months.

The former Pembroke Pines resident, age 49, served as property manager for the Atlantic II at the Point Condominium Association in Aventura, FL. The South Florida condo development features 168 units on 2.5 acres, with panoramic views of the Atlantic Ocean and the Intracoastal.

Rodriguez opened credit card accounts in the association’s name and made personal charges, according to a recent press release issued by Miami-Dade State Attorney Katherine Fernandez Rundle. Credit card withdrawals for gambling and other expenses were then paid by Rodriquez using association funds.

In her role as condo property manager, Rodriguez also arranged unauthorized wage payments from the association’s payroll processing company.

Stolen funds amounted to almost $470,000 before the condo embezzlement scheme was halted. The Atlantic II was insured for theft, and most of the losses were covered.

Jail is not the end of Rodriquez’s woes. She also faces criminal orders of restitution to Continental Casualty Insurance Company in the amount of $250,000.00; $150,000.00 to The Travelers Insurance Company, and $66,309.75 to Atlantic II at the Point Condominium Association, Inc.

The moral here is that crime does not pay, including white collar crime involving a condominium association. South Florida condo and HOA board members are reminded to be alert to potential theft of funds by even trusted association employees.

Fort Lauderdale Condominium Litigation Attorney

Contact Fort Lauderdale condo litigation attorney Marcy Resnik to discuss potential theft or legal matters relating to your condo association. You can contact Ms. Resnik online or call her at 954-321-0176.