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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.A Las Vegas man who admitted acting as a straw buyer of a condominium in order to get elected to the boad of directors of the Vistana Homeowners Association pleaded guilty Wednesday to one count of conspiracy to commit mail and wire fraud, prosecutors said. Daniel Solomon, 39, was the ninth defendant to enter a guilty plea.A former employee of Crystal Management, a property management company allegedly involved in the scheme, pleaded gui...