OSCEOLA COUNTY – An
HOA president and manager used community funds to bail her
boyfriend out of jail in North Carolina, according to the
Osceola County Sheriff’s Office.
Deputies said they arrested Sherry Maycumber Raposo, 42, on
Thursday after financial crimes unit detectives discovered
that she used money from the Turnberry Reserve HOA fund to
post her boyfriend’s $25,000 bond.
Her HOA company, Management 35, Incorporated, was replaced
earlier in the year due to suspicions of fraud, records
Raposa is facing charges of grand theft and scheme to
defraud. She’s being held at the Osceola County Jail on