Yashouafar fraud sentencing delayed
Court sentencing for Aaron Yashouafar, best known locally as the owner of First National Center, was delayed Wednesday for 45 days as questions persist as to whether he fully compensated residents of the Paradise Spa condominiums in Las Vegas.
Masto said bank records show that in September 2009, Yashouafar, in his capacity as treasurer, wired more than $250,000 from the Paradise Spa operating account. She said he subsequently deposited that money into an out-of-state account and disbursed the money into various personal projects.
Yashouafar did not respond to interview requests Wednesday from The Oklahoman.
Bill O'Donnell with the Paradise Spa residents said $1.77 million in homeowner association fees are still in dispute, and $1.2 million that Yashouafar's attorneys said was paid to the complex's receiver has yet to be given to residents.
O'Donnell said his group is hiring an auditor.
“I think they're buying time,” O'Donnell said. “They don't have any money. They don't have money for First National, they don't have money for (properties owned in) Houston. They're just praying this whole thing turns around.”
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