POSSIBLE SCAM TARGETED KATY-AREA HOAS 
Complaints from 3 suburban homeowners’ associations — including the one for the Estates of Avalon at Seven Meadows gated community west of the Grand Parkway near Fry Rd. in Katy — have been filed against Arrow Community Management, alleging the Cinco Ranch management company misappropriated HOA funds. Arrow’s owner, Taggert Mayfield, received a sentence of 3 years’ deferred adjudication earlier this month after he pled guilty to mishandling $20,000 in HOA funds. Sgt. David Schultz of the Fort Bend County Sheriff’s Office tells reporter Deborah Wrigley that one new report he’s investigating claims an Arrow-managed HOA is missing about $120,000. The company, which appears to have shut down its operations, had contracts with more than a dozen HOAs in Harris and Fort Bend Counties. [abc13] Photo of Estates of Avalon at Seven Meadows: Keller Williams Premier Realty
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