MEET THE "KARENS"
ADVOCATING FOR HOMEOWNERS IN COMMON INTEREST COMMUNITIES
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ADVOCATING FOR HOMEOWNERS IN COMMON INTEREST COMMUNITIES
It's an investment firm owned by Michael Kelley Simmons
We had been led to believe that Caryn Cusick is the owner of Cusick Management Company, who frequently refers to Cusick as "her company."
What are the dangers of an investment firm running our HOA?
It leaves the door open for partial or full loss of our investments (i.e. HOA funds). Unlike the financial set up that was in place between 1993 and 2010 when The Crossings owned its bank accounts and held them here locally. Today, in 2024 we no longer have ownership of our accounts. Ownership is held by Cusick/Blue Lake Capital.
Restitution Order Against The Crossings
Go to page 3 to see the restitution amounts ordered against The Crossings. If the George family incurred over $57,000 in legal fees to defend this case, how much did The Crossings spend from HOA funds to pursue this case? Also note the involvement of investment firms was deemed by the court to be "bad faith." Yet, we have an undisclosed investment firm managing The Crossings as its association management company.
Residents question Cusick Management Company employees convicted of financial crimes. See WBTV News video below.
Should The Crossings be concerned about the possibility of financial crimes considering who's controlling our finances?
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