Do you live in a Homeowners Association that is going through a special assessment project?
Draeger Construction is heavily involved in HOA construction and reconstruction, working closely with HOA Property Managers. We understand he has pitched his work all around Northern California. He has worked in Contra Costa County, Bay Point, Concord, Walnut Creek, Alameda County, San Mateo County.
Does anyone have experience dealing Draeger or any employee? We'd like to know good references or bad references for what Draeger provides.
Sometimes the construction results in huge special assessments to homeowners in a condominium or townhome development. Does Draeger come in as quoted or are there cost overruns?
Some HOAs are having $50,000 per unit special assessments all throughout the Bay Area in California, San Francisco, Oakland, Martinez, Redwood City, San Mateo, Burlingame.
Please post your comments. This blog accepts anonymous comments.
Draeger Construction is heavily involved in HOA construction and reconstruction, working closely with HOA Property Managers. We understand he has pitched his work all around Northern California. He has worked in Contra Costa County, Bay Point, Concord, Walnut Creek, Alameda County, San Mateo County.
Does anyone have experience dealing Draeger or any employee? We'd like to know good references or bad references for what Draeger provides.
Sometimes the construction results in huge special assessments to homeowners in a condominium or townhome development. Does Draeger come in as quoted or are there cost overruns?
Some HOAs are having $50,000 per unit special assessments all throughout the Bay Area in California, San Francisco, Oakland, Martinez, Redwood City, San Mateo, Burlingame.
Please post your comments. This blog accepts anonymous comments.
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Department of Justice Press Release
For Immediate Release
January 6, 2010 United States Attorney's Office
Eastern District of Virginia
Contact: (703) 299-3700
Pennsylvania Man Pleads Guilty to Defrauding Alexandria Real Estate Investment Trust Company
ALEXANDRIA, VA—Robert E. Atwood, 52, of Nazareth, Penn., pleaded guilty today to scheming to defraud Alexandria-based AvalonBay Communities, Inc.
Neil H. MacBride, United States Attorney for the Eastern District of Virginia, and John Perren, Acting Assistant Director in Charge of the FBI Washington Field Office, made the announcement after the plea was accepted by United States District Judge Anthony J. Trenga. Atwood faces a maximum penalty of 20 years in prison and a fine of $250,000 when he is sentenced on April 2, 2010.
From 1994 through January 2007, Atwood was employed by AvalonBay, an equity Real Estate Investment Trust primarily engaged in developing, acquiring and managing apartment communities within the United States. From 1998 until approximately July 2004, in San Jose, Calif., Atwood served as a manager of capital improvements in charge of on-site operational maintenance of various AvalonBay properties throughout California. In July 2004, AvalonBay transferred Atwood to a regional office in New Jersey.
According to court documents, from about 2001 and continuing until January 2007, Atwood agreed with an official of Draeger Construction, Inc., that Draeger would pay Atwood a kickback based upon the amount of AvalonBay business that was awarded to Draeger Construction through no-bid contracts for work in California. According to the plan, Atwood and the Draeger official agreed that the kickback would be implemented by making Atwood’s wife, Tiffany Atwood, a ghost employee on the payroll of Draeger Construction. As a result of the scheme, by the time AvalonBay had terminated Atwood’s employment, Tiffany Atwood had received approximately $300,000 in what appeared to be salary from Draeger Construction.
This case is being investigated by the FBI’s Washington Field Office. Assistant United States Attorney Stephen Learned is prosecuting the case on behalf of the United States.
A copy of this press release may be found on the website of the United States Attorney's Office for the Eastern District of Virginia at http://www.usdoj.gov/usao/vae. Related court documents and information may be found on the website of the District Court for the Eastern District of Virginia at http://www.vaed.uscourts.gov or on http://pacer.uspci.uscourts.gov.
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