In an unfolding fraud scheme involving Las Vegas Valley
homeowner associations, a former construction manager has pleaded guilty to
fraud. Dax Louderman is one of 28 defendants in this case who were
involved with this HOA conspiracy. More than $8 million dollars was
funneled through secret bank accounts to contracts with various HOA
communities. These contracts ranged from construction to landscaping to
community management contracts. The conspirators are also accused
of using election rigging and various other tactics to get people into HOA
boards who then awarded them with contracts. There were a total of
eleven HOA communities that were targeted in this conspiracy.
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