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

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.