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Article
Courtesy of The Palm Beach Post
By
Aleese Kopf
Published
July 15, 2014
A former condominium association president was arrested Thursday and charged with allegedly embezzling about $22,500 in association funds to pay for a long-distance affair.
Representatives of the Norwich K Condominium Association reported former President and Treasurer Alan Kaplan, 82, of West Palm Beach, to police after an audit of the association’s bank accounts, according to the police report.
After searching the association’s accounts and Kaplan’s personal accounts, a Palm Beach County Sheriff’s officer discovered that Kaplan is alleged to have stolen $22,580 from 2011 to 2013.
Kaplan told police he was in debt and needed the money to supplement his income and finance an affair with his New York lover, the report said.
He was charged with grand theft and booked into the Palm Beach County Jail Thursday night. He was released Friday afternoon after posting $5,000 bond. |
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Alan Kaplan, 82 |
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