Why did it take so long for the news media to report that the CEO of Certified Management, one of the state’s largest property management firms, has been fired after she reportedly stole upwards of $50,000 from several condominiums managed by her company.
Toni Floerke has admitted taking the money, according to a March 16 email to directors of around 500 condominiums managed by Certified. With a minimum of five directors at each property, that news was circulating among 2,500+ directors, and quickly spread through the property management and condominium association world.
But nothing was reported until a Star-Advertiser story this morning (“Condo management firm fires CEO after thefts“), a full 10 days after Certified announced the theft, and days after Certified began running vaguely worded full page ads touting their security and financial procedures as “the most secure in the industry,” and citing the company’s commitment to “practicing high ethics through challenging times.”
The ads ran in the Star-Advertiser and PBN. I don’t know if they appeared in neighbor island newspapers.
According to today’s S-A story by Kristen Consillio, the funds came from the accounts of at least three projects–Kulana Knolls in Kunia, Kekuilani Villas in Ewa Beach, and Aeloa Terrace in Kapolei.
All three projects list their legal contact as Candace Villarmia, longtime office manager for Certified who also serves as an account executive and manager of several projects.
Real estate records show Floerke and her former husband bought an apartment in Aeloa Terrace in 2003. It was transferred to her during their divorce proceedings last year.
With word of the theft and Certified’s announcement in wide circulation, it’s pretty amazing that it took almost two weeks to report it.
Does this reflect a weakening of beats and sources, or simply a lack of interest in condominium issues, although Hawaii is reportedly close to the top in percent of the population living in condominium communities?
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What ever happened to Toni Florerke? This story has sort of disappeared from the news. Was she ever formally charged with theft, arraigned, or brought to trial?
Really great question. Maybe the Star Advertiser will do a follow-up
What ever happened to Toni Florerke? Is she going to be prosecuted? Or maybe not since her X was a police officer. It pays to know people you know. I think it is strange in all that you read that Associa says she will pay for it and yet all they seem to be doing is paying the associations back from their monies and not making the perp pay it back or having her prosecuted.
Her brother in law was a local cop too
I just love how everyone has thrown her under the bus, remember she is innocent till proven guilty. I see some of the charges they have against her and sure the prices in Hawaii are high but come on$2,000 for new tires and many other a this that were ridiculous. I am not saying someone can not do this type of wrong, but I don’t believe her divorce had anything to do with what they say, sure she was upset, but like others have said, people go through divorce. If Certified knew for all these years why did they wait, why not take action right away if the allegations were true. If her salary was over $200,000 why would she take $900 for office supplies, let a friend borrow over $20,000 and not have to pay back, all this work that was done on her house, if she has receipts for the work being performed, can they prove it came from these accounts or just hearsay, so many people judge others before they have the facts, the truth and given her do process. I have known her for close to 15years and she is the most warm hearted, loving and giving person I know and call her my FRIEND. Not once have I ever thought she had done this nor do I believe she did.
She bought an old boy friend a Harley and then he married her sister-in-law. Toni, Toni, Toni
Consideration should be made to investigate or run background checks the other property managers employed in time frame as Toni. You have to wonder how pervasive this behavior may be.
She will serve one year in prison starting this summer. They are letting her son graduate from Punahou before she serves her time.