Friday, February 27, 2009

Apartment manager embezzles $500,000

WEST WHITELAND, PA — The former property manager of Hollow Run Apartments has been charged with stealing nearly $500,000 in more than 700 thefts she committed between 2001 and 2008, according to WFMZ-TV.


Tracey Totten-Davis is accused of manipulating the accounts of more than 700 tenants who lived in the complex and funneling $412,000 in rent and security deposits into her personal bank account, the story stated.


According to police, "The investigation was an arduous process of putting together the paper trail needed for prosecution."


Totten-Davis was fired for paying an excessive amount of money to Choice Cleaning L.L.C., a company she hired for cleaning services, the story noted.


Investigations uncovered the fact that Totten-Davis actually owned the cleaning company, and the $78,000 she billed for services over a two-year period was three times the amount paid to the previous cleaning company, the story added.


According to the story, Totten-Davis also charged home improvements worth $7,000 to the owner of the apartment complex, Fitzpatrick Fanning Corporation, making the total loss to Fitzpatrick Fanning more than $497,000.

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