Alleged fraud probed at apartment complex
By Jon Hawley
Tuesday, November 21, 2017
The Elizabeth City Police Department is investigating what is being described as alleged fraud against both the management company of an apartment complex and its tenants.
In a press release late Tuesday, police reported the InterMark Management Corporation has reported fraudulent activity involving the River’s Edge and River’s Retreat complex, which is off U.S. Highway 17 behind the Farm Fresh shopping center.
Police said they are investigating misappropriation of funds and embezzlement that allegedly occurred from Jan. 1, 2016, through this week.
Lt. Darrell Felton said late Tuesday that police have no arrests to announce yet in the case.
River’s Edge and River’s Retreat opened on a nearly 11 1/2-acre site in November 2010. According to a published account citing Elizabeth City planning records, River's Edge contains 56 units designed for families, while River's Retreat has 40 units designed for senior citizens.
The Daily Advance didn’t immediately receive a response from either management at River’s Edge and River’s Retreat or InterMark, which is headquartered in Columbia, S.C.
The release states police are asking for help from people potentially affected by the alleged embezzlement. The potential victims include:
* Renters and potential renters at River’s Edge or River’s Retreat.
* Persons who were asked to pay with a blank money order or blank check.
* Persons who rented without appropriate renters’ contracts and agreements from the beginning of their lease.
* People who believe they have a positive credit on their account but learned they had less credit than expected.
* Persons who feel they were a victim of fraud or embezzlement related to River’s Edge and River’s Retreat.
Anyone affected by the alleged fraud or with information on the case is asked to contact police at 621-7129.