Video Courtesy of Local 10 News
By Bob
Norman
Published
October 22, 2014
|
|
Edward J. Ryan, 74, charged with 2nd-degree
misdemeanor
FORT LAUDERDALE - A Fort Lauderdale condo president
who has allegedly been paying himself tens of thousands of dollars from
association funds for years has been criminally charged with managing a
condo association without a license, according to court records.
The State Attorney’s Office charged Edward J. Ryan, 74, with the
second-degree misdemeanor after a state investigation showed he received
nearly $50,000 last year from the association.
The Florida Department of Business and Professional Regulation also
found that Ryan, at one point, purchased a car in Michigan with
association funds, altered condo records and violated board election
rules at the Georgian Court North Co-Op.
In a recent Local 10 report, Ryan made an admission on the air that he
was continuing to pay himself condo funds despite a state
cease-and-desist letter. Resident Howard Kainer, who has been
complaining about Ryan’s leadership for 10 years, and was instrumental
in sparking investigations, said he is grateful that authorities have
finally charged Ryan.
"Edward J. Ryan discovered he can hide from the residents here at
Georgian Court North, but he can’t hide from the citizens of Broward
County once your report aired," Kainer said to Local 10.
Yet Ryan, he said, is still running the condo board.
The misdemeanor charge is punishable by up to 60 days in jail and six
months probation.
Condo president
accused of using community funds for personal items
|