By LeaAnne Klentzman
Taggert Mayfield, 32, operates Arrow Community Management, an organization that contracted with area homeowners associations to be their property management agent was arrested after accusations of making illegal transfers of funds from one HOA to another, said sheriff’s spokesman Bob Haenel.
According to Haenel, the investigation into Mayfield’s operations began when the Katy area neighborhood association Avalon at Seven Meadows contacted the Sheriff’s Office with a complaint against Mayfield. He went on to explain that records indicate that Mayfield transferred $55,000 and $30,000 from one of Avalon at Seven Meadows’ bank accounts to an account belonging to another homeowners association. Both transfers were made in June said Haenel. In early September, according to Haenel, Mayfield was placed on probation for a similar charge from back in 2009. In that case, Mayfield reportedly pled guilty to misapplying more than $20,000 which belonged to the Park at Mission Bend Homeowners Association.
As the current investigation continues to unfold Haenel said detectives anticipate additional charges. Misapplication of Fiduciary Property of $20,000 to $100,000 is a third degree felony, which carries a punishment of 2 to 10 years in prison and up to a $10,000 fine.
If anyone has additional information concerning Taggert Mayfield, they are asked to contact the Fort Bend County Sheriff’s Office at 281-341-4665.