A Honolulu property manager is accused of pulling off a years-in-the-making heist on the very homeowner associations he was supposed to protect, with prosecutors saying more than $647,000 was siphoned away. State officials have identified the defendant as 59-year-old Russell Doane, who allegedly used his position at Hawaiian Properties to funnel association money to a contractor. Doane surrendered on a grand-jury warrant and is scheduled for arraignment on Thursday.
According to the Department of the Attorney General, Doane faces one count of Computer Fraud in the First Degree and one count of Theft in the First Degree. Both are serious felony charges that carry the potential for decades-long maximum sentences and significant financial penalties. The case, State v. Russell Doane, 1CPC-26-0000421, is being handled by the Attorney General’s Special Investigation and Prosecution Division (SIPD).
AMKO Builders appears in business filings and complaints
Business records show AMKO Builders Inc. linked to contractor Nikolay Mysin, with a listed principal address in Naʻalehu, while contractor directories place an office on Mapunapuna Street in Honolulu. State registration documents and contractor listings spell out the company’s licensing and contact information, and customer reviews on the Better Business Bureau and other sites include complaints about unfinished projects and deposits that allegedly never came back.
Prosecutors, citing local reporting and court records, allege that Doane steered a stream of unauthorized checks to AMKO Builders, 22 checks in total. Payments tied to the alleged scheme add up to about $647,061.09, with roughly $450,202.39 going to AMKO, according to the Honolulu Star‑Advertiser. That reporting also details multiple civil lawsuits and judgments involving Mysin and AMKO, including a Hawaii Island client who says she paid $216,300 up front for construction work that was never completed.
State officials stress accountability and next steps
Attorney General Anne E. Lopez said her office will hold people accountable when they, in her words, “abuse positions of trust for personal gain,” a line included in the AG’s written statement on the case. The SIPD, the unit that focuses on public corruption and economic crime, led the investigation and has now turned the matter over to prosecutors as they prepare for trial…