and reimbursement of over $15,000 of expenses documented in Board Meeting minutes

used to prepare the property for the sale.

After questions about the financials arose in a February 2015 Board meeting, the
attorney, Steven E. Black, attempted to register an identical business corporation in
addition to the Associations 45-year old
non-profit corporation. Mr. Black was also
in process to register other Associations Blazing red flags
with an additional identical business - Dr. George Aldhizer, fraud expert
corporation. When discovered in April 2015, Wake Forest University
the attorney was confronted and the
registration was withdrawn without any
response or explanation.

Access to inspect Association books and records is denied by Mr. Black, the Board and
Association Management Group. Mr. Black documented his refusal in writing as shown
below.

All of this prompted more research which found documentation of fraud and
embezzlement that reaches far beyond the association, the city and the state line.
 INSPECTION OF BOOKS & R ECORDS DENIED
NC has two (2) General Statutes are specific about the Homeowner, or representative,
have the right to inspect the books and records of the Association:

Chapter 47F The Planned Community Act

Chapter 55A The Non Profit Corporation Act

The right to inspect Association books and records at SWA has been strictly denied by Attorney Steven
Black, Association Management Group and the HOAs Board of Directors.

4-8-2015

Page 2
 YEAR-END DEPOSITS

On December 24, 2014, Association Management Groups (AMG) owner Paul K. Mengert
deposited $76,000 of Sherwood West Association, Inc.s funds
into a Branch Bank & Trust (BB&T) CD.

Fifteen days later, on January 12, 2015, Mr. Mengert withdrew the funds.

The account remained on the associations financial statements

that were prepared by AMG.

$8.30 interest was earned

Paul K.
Mengert

Page 3
Page 4
 MISSING BANK ACCOUNTS

At Sherwood West Association in Winston Salem, AMG is both the Property Management Company and
the Associations Treasurer on the Board of Directors.

OPERATING ACCOUNT Union Bank

San Francisco, CA
Union Bank,
San Francisco CA reported that accounts were
closed in
NO INTEREST July 2015
HIGHER FEES by
NO ACCESS Paul Mengert.

The bank and accounts

remained on the
2015 Y/E Balance Sheet
and cash statements

Checking Account

Checking Account

See
BB&T CD Deposit
above

Checking Account

A third (3rd) checking account

under a different name:
Sherwood West Homeowners Association
Not the legitimate non-profit corporation:
Sherwood West Association,Page Inc. 5
RENTAL FRAUD

Page 6
 Cross-reference:
Unaware of the HOA DEED, page 12

Page 7
 EMBEZZLED RENTAL EXPENSES

Ogburn to Ogburn deed

The former property of
Donald & Brigitte Monroe
was rented for
one (1) year between the HOA foreclosure Substitute Trustee Deed
and the Substitute Trustee Deed filing.

The income is missing from the

audited HOA financials
HOA DEED
The rental agent was Ogburn/Home Real Estate
P.O. BOX 20189
HOA Foreclosure

NC UNCLAIMED PROPERTY
A refund check for a
rental property insurance policy
in the name of
Sherwood West Association, Inc.
is mailed to:

Ogburn / Home Real Estate

PO Box 20189
Winston Salem 27120

Page 8
 EMBEZZLED FORECLOSURE EXPENSES
Forsyth County
B: 3044 P: 1326 The $4,920 foreclosure bid
was expensed to HOA Members
as Bad Debt
in the
audited financial statements
shown below.
(not included in the financials
given to Homeowners)
.

No income from the

HOA rental of the
foreclosed property

Documented
embezzled
expenses

see
Theft of a
Foreclosure Sale
page Error:

Page 9
 Cross-reference:
Error: Reference source not found, page Error: Reference source not found
SWA FORECLOSURES & PUBLIC RECORDS

Dozens of SWA
foreclosures
like this one

1-31-2008

1-31-2008

$96,451
11-6-2006
Purchase Price
$89,500
Mark A. Baker
Priority Trustee Services
Atlanta, GA

Bank of America
assigned to
FANNIE MAE

Page
10
 HOA FORECLOSURES : PUBLIC AUCTIONS
In Forsyth County, foreclosure auctions are performed by the auction company Zaccheaus Legal Services
(ZLS-NC.com).

The company had record of 3990-C Valley Court having been withdrawn from the scheduled HOA
foreclosure auction because the property taxes had been paid.

The Commissioners Deed below has conflicting details about the foreclosure auction.

The HOA was the last and highest bidder at $3,249.

2-15-2012
B: 3044 P: 1328

Association Management Group

Rossabi, Black & Slaughter, P.A.

$3,249

Page
11
* Information about documenting telephone conversations may be found under Error: Reference source not found page
Error: Reference source not found.
UNAWARE OF THE HOA DEED

Quitclaim deeds, assignments and appointments,

do not require the owner to acknowledge or sign.

All the QCDs are purportedly sent to the

property address that was foreclosed
months or years prior.

While much of the documentation indicates there are many levels of owner participation, Forsyth County
owner Donald Monroe was unaware of the HOA DEED filed by Margaret Chase of Rossabi, Black &
Slaughter, PA.

Mr. Monroes attorney filed a for the record deed regarding the Grantee [the HOA] as owner after the
HOA foreclosure auction.

This for-the-record deed was filed eighteen (18) months after the HOA foreclosure.

From Forsyth County ROD, Book: 3148 Page: 799 (highlight/underline added)

Grantee [Sherwood West Association Inc.] herein purportedly conveyed the above
described property to Donald Monroe and Brigitte Monroe by deed recorded at Deed
Book 3049, Page 4295, and Forsyth County Registry without the knowledge of Donald
Monroe and without the acceptance by Donald Monroe of said deed. The purpose of
the deed is to provide record notice that Grantee is the owner of the subject real property.
Brigitte Monroe was deceased at the time of the execution and recordation of the deed
recorded at Deed Book 3049, Page 4295, and therefore she could not have accepted said
deed either.

Mrs. Monroe has been deceased for over 34 years.

The property had been rented for a year between the HOA foreclosure and the Substitute Trustee
foreclosure by the HOA, however the income missing from the legitimate HOAs financial
statements as documented below.

Mr. Monroe would no longer be liable for the unpaid taxes on the rental income which was not
paid by the association at the IRS rate of 30% of the income.

Page
12
 Cross-reference
Error: Reference source not found, page Error: Reference source not found
Inspection of Books & Records Denied, page 2

Page
13
 MR. MONROE S HOA DEED

The MONROES
HOA DEED
B: 3049 P: 4295

Signed by record
For the
Board President
Deed
Gail Finau

The MONROES
FOR=THE-RECORD DEED
B: 3148 P: 799

Page
14
N OTABLE NAMES

Page
15
 NOTABLE

Bank Accounts: Wells Fargo Bank

3476 Stateview Blvd., Ft. Mill, SC 29715

HOA Foreclosures: Rossabi, Black & Slaughter, P.A. (Greensboro, NC)

Jordan Price Wall Gray Jones & Carlton, PLLC (Raleigh, NC)

Gunter & Flowers, PLLC (Raleigh, NC)

Higgins & Benjamin, PLLC (Greensboro, NC)

Hatch, Little & Bunn, L.L.P.

Keziah Gates, LLP (High Point, NC)

Substitute Trustee
Attorney-in-Fact &
Fannie Mae deeds: Hutchens Law Firm (Wilmington, NC)
Substitute Trustee Services, Inc.

Brock & Scott (Wilmington, NC)

Trustee Service of Carolina, LLC

Johnson & Freedman (Atlanta, GA)

Nationwide Trustee Services
Priority Trustee Services

Rogers, Townsend & Thomas, PC (Columbia, SC)

Shapiro & Ingle (Charlotte, NC),

Jenkins Group (Winston Salem, NC)

Additional attorneys: William Echols

Scott A. Korbin
Melissa Shinka
Philip Glass, Matthew Hoptry, Lenny Cicero
Government/
Subsequent deeds: Dale Fussell
Donato & Grewal, LLP

Page
16