User:Condoowner/Sandbox

Corruption in condominium management became a major source of income to condominium directors, property management companies, an a large condominium industry (about $10 Billion a year in Ontario, with theft rates of 10% to 15% per annum or about $1000 a year stolen from each condo owner). The common method of corruption is Kickbacks. In a corrupt condominium most of the contractors are selected via a rigged Tendering where several contractors submit an inflated price where the pre-chosen contractor offer the best offer. The price is aggreed ahead of time by the crooks, who need a paper trail to justify their secection.

other contractors provide a false offer, to facilitate the scam.false contractors agree ahead of time to provide who tender contracts are often rigged. Various contracts to maintain the condominium

contracts: (such as landscaping gardening, snow removal, cleaning contracts, security contract, investment services, auditing of the books, window replacement and caulking, Elevator renovation, Structural repairs, roofing, common area renovation, heating and  cooling equipment, renovation of common areas such as corridors, lobbies, security, paving, roofing, management services.)