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Special Master recommends Orchidland receivership
#37
It's so nice to have a breath of reason with you my 2 cents.

The Orchidland FB thread is a long read, but Wirick did provide some important info in there.

From what I read it seems that the Master (Nancy Cabral, the same person who got to manage HPP and make a ton of money while they were in receivership. Now that seems suspicious to me.), requested additional records from the bookkeeper just days before her report was due, after she had already had the books open to her and spent a few hours with the bookkeeper. Bookkeeper informed her that his extra work would be an additional expense to the Association so the board would have to approve it. Bookkeeper informed the board, board arranged to present a motion to cover extra expense to both remain in compliance with the bylaws and transparency for the membership. It seems this was not good enough for the Master and she stated incorrectly in her report "despite several requests" she was unable to obtain the records. I smell a rat. If these allegations are true, then Nancy Cabral has an issue with candor. As you stated, with the board being under this kind of scrutiny, I also doubt thy would be so stupid as to lie about this.

Interestingly, the thread also mentions that there is a recording of the meeting between Nancy Cabral and the "Arthurs Group" from November 18th and will be posted on Orchidland.org. I can't wait to hear that!
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RE: Special Master recommends Orchidland receivership - by carol10 - 12-21-2017, 08:38 AM

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