The truth about this has been confirmed by prior board members of the association. Kathy Blackman took money from the insurance claims payment and placed it into her own account in the tune of $80,000.

She borrowed the money from a former boss who was convicted of mortgage loan fraud. She not only was convicted of theft, but she also lost her mortgage loan license due to fraud as well. 2008-01449 Blackman, Kathleen Kathleen Blackman, License No. SA3082553.

Violation: guilty of having been convicted or found guilty of, or entered a plea of nolo contendere to, regardless of adjudication, a crime which involves moral turpitude or fraudulent or dishonest dealing in violation of s. 475.25(1)(f), F.S., guilty of not having informed the Florida Real Estate Commission in writing within thirty (30) days of having pled guilty or nolo contendere to or having been convicted of a felony, in violation of s. 475.25(1)(p), F.S. Penalty: fined $500 plus costs, 6mos.

probation, attend one 2-day FREC meeting. She had her criminal record expunged/sealed and now is the President/Treasurer for a not for profit organization in New Smyrna Beach named Sophie's Circle.

Reason of review: Owner is a Fraud.

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