Protecting 128 Homes. Restoring Oversight. Ending the Cycle of Mismanagement.
Introduction
The Omega Villas construction project is on the verge of spinning out of control — but the crisis is still stoppable.
This webpage presents a clear blueprint for how financial institutions, regulators, and oversight bodies can act decisively to halt the damage, enforce accountability, and replace the parties responsible for systemic failure.
This is not speculation. Banks and stakeholders were alerted during a pause in construction, before the final draw, and while the opportunity to intervene remained viable. They now stand at a crossroads: allow the damage to continue, or step in and fix it.
The Core Problem
- A $4.6 million construction loan issued to Omega Villas Condominium Association.
- Over $3.1 million already drawn, with serious questions about how those funds were used.
- Unauthorized furring strips, window removals, and structural changes impacting safety, insurance, and resale value.
- Ongoing threats of legal retaliation against owners who question the process.
- DBPR, the City of Plantation, and the State of Florida have been notified — and failed to act.
- The Board continues to operate as if above the law, with legal counsel and vendors working in lockstep to maintain control.
The Stakeholders
- LoanDepot, Chase, and any participating lienholders or mortgage servicers.
- Title insurers, investors, and banks backing mortgage-backed securities involving Omega Villas homes.
- Owners and whistleblowers whose legal rights have been trampled.
- Regulatory agencies including the FDIC, OCC, DOJ, and Florida state agencies.
The Intervention Blueprint
- Freeze All Remaining Loan Draws
All undrawn loan funds must be frozen until a forensic review is conducted. - Initiate Third-Party Construction and Financial Audit
An independent audit of construction quality, contract deviations, and financial disbursements must be commissioned before any further work is approved. - Escrow Remaining Funds
All remaining construction dollars should be escrowed to preserve owner equity and prevent further misuse. - Cease Legal Retaliation Against Owners
All legal threats, inspections, and forced compliance actions tied to unauthorized construction must be paused until facts are verified. - Permanently Remove Compromised Decision-Makers
Any Board officer or director, property manager, legal counsel, or contractor tied to retaliation, fraud, obstruction, or selective enforcement must be removed and permanently barred from future involvement. - Replace All Compromised Vendors and Service Providers
No reform is credible if the same vendors remain. All contractors, consultants, inspectors, and attorneys tied to this failure must be replaced through a transparent and fully rebid process.
Timing Matters
This project was brought to the banks’ attention at a pause in construction, with time to correct course before the final draw. The delay in oversight from City and State regulators only heightens the importance of bank-led intervention.
The banks now have a brief but decisive opportunity to:
- Stop further harm
- Protect their own exposure
- Prevent legal escalation
- Rebuild owner trust
- Set an example for how institutional accountability should work
Final Warning
This is the last call before full accountability is publicly assigned — not just to the Board and its vendors, but to any financial institution, attorney, or regulatory agency that stood by and allowed this harm to unfold.
If the banks fail to act now, they will no longer be seen as bystanders. They will be viewed as enablers.
Related Evidence and Links
Contact
For interviews, source materials, or regulatory follow-up:
Shawn Martin, MBA
Email: sem2000s@gmail.com
Web: https://hoajusticenow.com