December 2022
I require some guidelines regarding condo fraud and condo service kickbacks which I could not find on your website and I think there are systematic loopholes in this regard.
A. K.
Response from Toronto Condo News
Condo fraud and kickbacks is a broad topic.
It is not uncommon for accusations to be made without proof which leads to undesirable consequences. Before making any accusation, be sure to obtain documentary proof.
Toronto Condo News has covered these topics and information is available in the Condo Archives.
Under Financial Management – Condo Fraud there are many articles which include:
- What You Need to Know About Fraud Prevention in your Condo
- Preventing, Recognizing and Dealing with Condo Fraud
- Financial Record Keeping for Condo Corporations
For information on Kickbacks, use the search bar on the Condo Archives’ main page at https://tocondonews.com/archives/ . Among the articles shown when using the keyword “kickbacks” is Fighting Back Against Kickbacks – https://tocondonews.com/archives/fighting-back-against-kickbacks/.
Should you suspect condo fraud or kickbacks and lack the financial expertise to review corporation records, a forensic auditor can assist.
Good luck!
