10 guilty pleas in scheme to take control of Las Vegas HOAs

Feds say goal was to sue builders for alleged defects, win remediation contracts

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Federal prosecutors have negotiated guilty pleas with 10 defendants for their alleged involvement in a scheme to take control of as many as a dozen homeowners associations in Las Vegas in order to file construction defect lawsuits against builders and then win contracts to do remediation work.

A dozen more plea agreements are expected in coming weeks, as lawyers from the Department of Justice’s fraud division in Washington, D.C., obtain the cooperation of lower-level defendants and prepare to indict its ringleaders, the Las Vegas Review-Journal reported.