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Press Release

Fort Wayne Woman Sentenced To 30 Months In Prison

For Immediate Release
U.S. Attorney's Office, Northern District of Indiana

FORT WAYNE – Lisa A. Downey, age 50, of Covington, Virginia, was sentenced before United States District Court Judge Holly A. Brady after pleading guilty to wire fraud, announced United States Attorney Clifford D. Johnson. 

Downey was sentenced to 30 months in prison, 2 years of supervised release, and ordered to pay $189,638.99 in restitution to the victims of the offense.

According to documents in this case, Downey owned and operated a homeowners association management business.  From 2019 through 2020, she perpetrated a scheme which involved the theft of funds from multiple Fort Wayne neighborhoods.  Downey used her position as manager for several homeowners’ association accounts to make unauthorized purchases and cash withdrawals for her own benefit.  Downey also paid herself more money than she was entitled to for her services and in some cases submitted false statements to conceal her mishandling of funds.  The total fraudulent activity resulted in over $189,000 in losses to the victims.   

The case was investigated by the Federal Bureau of Investigation with the assistance of the Allen County Sheriff’s Department.  This case was prosecuted by Assistant United States Attorney Brent Ecenbarger.


Updated February 8, 2023

Financial Fraud