Midwest Residents Latest to be Hit by Embezzlers

People in Kansas and Missouri Homeowner Associations must have wondered why they weren’t being hit by embezzlers.  Were they just more honest, maybe luckier?  Maybe people in the Midwest just respect each other a little more?

But then, maybe not.  The feds in Las Vegas have learned how the corrupt HOA system is bleeding dollars away from homeowners across the nation. Now U.S. Attorney Beth Phillips theft has released info that should shock a lot more homeowners.

She has arrested the owner of a Kansas City business for stealing more than 750,000 dollars of money from his neighbors.  And he has pleaded guilty. Dozens of homeowners associations were hit while 53 year old Dale Palmar of Kansas City, Missouri just raked it in.

I’ve argued at length that wherever you look in this country, you’ll see the signs; homeowners being excessively fined for minor infractions, insurance money that’s supposedly paid, but just doesn’t quite lead to the expected repairs.

The message is crystal clear: the HOA movement is one of the most corrupt institutions this country has ever witnessed.  The loss of money through the HOA system is massive and almost unprecedented. When you sign those CC&Rs just remember you’re putting your retirement savings, your equity into the hands of all your neighbors.

Ward Lucas
Author of
Neighbors At War: The Creepy Case Against Your Homeowners Association

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About

Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

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