A few years back an officer of a SRL, the developer, was convicted in court of fraud. He used clients funds to pay his own debts rather than applying the funds to the clients villas.
Now this same officer is in an another company, an SRL, administrating to a residencial that includes within it the villas of the injured.
It is not uncommon for developers and administrators of residencials to change companies, same people, different names to avoid liabilities. They will also have separate companies of their own conducting business within the same residencial. It is a shell game to avoid responsibility.
My question is it at least a conflict of interest the convicted administrator still has a hand in some form over the residencial or is it illegal.
Regards,
PJT
Now this same officer is in an another company, an SRL, administrating to a residencial that includes within it the villas of the injured.
It is not uncommon for developers and administrators of residencials to change companies, same people, different names to avoid liabilities. They will also have separate companies of their own conducting business within the same residencial. It is a shell game to avoid responsibility.
My question is it at least a conflict of interest the convicted administrator still has a hand in some form over the residencial or is it illegal.
Regards,
PJT