Re: Fairfax Homeowners Allegedly Robbed by KMG, Inc.
Posted by:
Fairfax Homeowner
()
Date: September 21, 2007 08:37PM
You are Golden! Many thanks for the best description of this fraud, I've seen.
Particularly, interesting:
"The complaint named Jeff Koger, the company's former chief financial officer and son of company president Robert A. Koger, as 'the likely primary culprit responsible for embezzling the funds.'
"Jeff Koger could not be reached for comment; messages were left on his phone and at his Herndon residence. Robert A. Koger did not respond to a message left at his Rust Road office. An employee at the offices of his attorney, George H. Ragland Jr., said Ragland was ill and not available.
"Robert A. Koger said in March that he was estranged from his son, who he said left the company in late 2006 with 'major medical problems.'
"But Barsky told the Real Estate Board that approximately $2.2 million in homeowner funds was withdrawn from an account at a BB&T bank between 2004 and 2006 and transferred either to Jeff Koger or Tri-Fitness, an Annandale health club that lists Koger on financial documents. When reached by phone, Tony Harris, Tri-Fitness co-owner, referred all questions to Jeff Koger, then hung up."
This case would appear to dwarf the Navy school alleged fraud. And would seemingly offer much more to investigate and comment.