Boonsboro woman charged with theft from homeowners association

Nancy B. Walker faces one count of theft scheme over $100,000 and at least 41 counts of theft

February 16, 2012

FREDERICK, Md. — A Boonsboro woman has been charged with theft in connection with an estimated $137,000 that was withdrawn from a homeowners association’s bank accounts, according to the Frederick County Sheriff’s Office.

Nancy B. Walker, 62, was charged Thursday on a criminal summons with one count of theft scheme over $100,000, one count of theft over $10,000, under $100,000 and 40 counts of theft over $1,000, according to a news release.

On Jan. 27, board members from the Ballenger Creek Meadows Home Owner’s Association reported that unauthorized withdrawals were made from the organization’s bank accounts, the release said.

They also said that a property management company, Association Management Services, Ltd., on Thomas Johnson Drive in Frederick, was in charge of those accounts, the release said.


Through a probe by the Frederick County Bureau of Investigation, police determined that Walker, the property manager and owner of Association Management Services, made numerous unauthorized withdrawals totaling approximately $137,000 from two of the association’s accounts, the release said.

The withdrawals were made between Nov. 23 last year and Jan. 23, the release said.

On Jan. 31, investigators obtained two search warrants, one for Association Management Services Ltd, and the other for Walker’s Boonsboro residence, the release said.

On Feb. 1, investigators executed the warrants, and evidence related to the case was seized, the release said. 

The investigation determined that Walker was allegedly involved in an Internet dating scam and was wiring the embezzled money to a man in South Africa, the release said.

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