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District of Columbia alleges former board president of non-profit real estate company embezzled

LEGAL NEWSLINE

Sunday, December 22, 2024

District of Columbia alleges former board president of non-profit real estate company embezzled

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WASHINGTON (Legal Newsline) — District of Columbia Attorney General Karl A. Racine announced Nov 28 that his office has obtained a judgment against Rowena Scott, former board president of the non-profit Park Southern Neighborhood Corporation (PSNC), after allegations Scott used non-profit funds for personal use.

PSNC operates the 360-unit affordable apartment building at 800 Southern Ave. SE. Scott purportedly used her position as board president of PSNC to siphon non-profit funds away from the apartment complex, even as it fell into disrepair and financial distress. According to Racine, Scott paid herself tens of thousands of dollars a year and gave herself free rent at the apartment complex for more than nine years.

After a decision by the Superior Court of the District of Columbia, Scott must return $242,605.01 to the non-profit.


“Preserving habitable affordable housing is a top priority for my office. The people charged with carrying out a not-for-profit mission to support such housing cannot be allowed misappropriate funds for their own benefit,” Racine said. “This recovered money will go toward the original mission of supporting safe and affordable housing for district residents.”

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