Embezzler admits stealing from homeowners | TahoeDailyTribune.com

Embezzler admits stealing from homeowners

Tahoe Daily Tribune Staff Reports

By Gregory Crofton

Tribune staff writer

The former executive director of a homeowners association at Kirkwood pleaded guilty to embezzlement Monday in Alpine County Superior Court and could face time in prison.

Debra Ward stole more than $40,000 from the Kirkwood Master Homeowners Association where she served as executive director for short time.

Will Richmond, Alpine County district attorney, said he will seek state prison time for Ward. She could also be fined $10,000 and will be required to pay restitution to her victims. Ward is expected in court for a sentencing hearing Feb. 9 at 1 p.m.

Ward also pleaded no contest to five other felonies that included grand theft, tax evasion and failure to submit tax reports. She embezzled the more than $40,000 between June 1998 and March 2001. She was fired after she failed to produce financial statements requested by her board.

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Kirkwood Master Homeowners Association develops recreation facilities, provides maintenance service and conducts administration. People who believe Ward stole from them should contact Richmond at (530) 694-297. Requests for restitution should be made as soon as possible and no later than Jan. 15.

– Gregory Crofton can be reached at (530) 542-8045 or by e-mail at gcrofton@tahoedailytribune.com