Six Arrested in $5.8 Million Scheme That Targeted Condo and HOA Boards

A two-year Miami-Dade Sheriff's Office investigation called 'Operation Sundown' led to six arrests, including an alleged ringleader, for running a scheme accused of diverting an estimated $5.8 million from multiple condo and homeowners associations — money meant for dues, insurance proceeds, and loan revenue.

Investigators say the scheme specifically targeted elderly, Spanish-speaking board members, who were allegedly misled into signing off on the diverted funds. The arrests were announced and re-reported across South Florida the same day — a rare case where a years-long HOA fraud investigation actually ends in handcuffs rather than a settlement.