Former Property Manager Charged with Grand Theft and Scheme to Defraud

Matt Boster

Viewed: 7826

Posted by: Matt Boster
Date: Nov 01 2018 3:09 PM

A former real estate property manager has been charged with grand theft and scheming to defraud ERA American Real Estate. 45-year old Tracy Wood, currently of Las Vegas, is accused of not depositing or paying rent to the company while she was a tenant and manager at units in Shalimar between July 1, 2016 and August 17, 2018.

An investigation by the Okaloosa County Sheriff’s Office confirmed that the amount of back rent, utilities, and lease renewals totaled more than $46,000. A resident said he gave his rent money in cash to Wood every two weeks, and was not aware she was keeping it. He supplied bank statements and payday loan receipts for the money he took out to pay the defendant.

When confronted by the real estate company’s owner, Wood agreed to pay back the funds and returned approximately $41,800. OCSO warrants for grand theft over $20,000 and under $100,000, and scheme to defraud, were served October 30th .

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