
Residents at a project on Kauai question millions of dollars levied in monthly fees
The developer of a new luxury condominium resort project on Kauai is being accused of charging condo owners more than $2.2 million in bills that he should have paid himself.
Some condo owners at the new Waipouli Beach Resort have asked state and county authorities to investigate developer Chris Singleton.
An audit by a forensic accountant turned up more than $2.2 million in “questionable” charges to condo owners, former and current members of the condo board said recently.
Singleton calls the allegations “irresponsible and false” and says they arose after a couple of owners were ousted from the project’s board of directors.
Before the audit, the condo owners were paying nearly $1,600 in monthly fees. Now they pay about $1,300 a month, plus electric, taxes and whatever mortgage they have.
“Everybody was sort of horrified,” said David Leinweiber, a former board member.
(Source: Tom Finnegan, Honolulu Star-Bulletin)




















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