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Friday, August 19, 2011

Decade In Jail Ordered For Condo Theft

SNOW HILL -- Berlin businessman Bill Scott was found guilty this week on three counts of theft scheme after bilking several resort area condo associations out of hundreds of thousands of dollars and was sentenced to a combined 55 years in jail, all but 10 of which were then suspended.

In April, a Worcester County grand jury indicted Scott, president of Scott and Associates, an accounting and property management firm, on six counts of theft and theft scheme for clearing out the accounts of a handful of condominium associations over a two-year period that ended with his confession earlier this year. His victims included, among others, Sunset Village, Assateague House and San Remo condo associations, from which Scott absconded with over $800,000 from various operating and reserve accounts.

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