A Half Million Dollar Embezzler

This blogger has repeatedly said that embezzling in American HOAs is almost universal. There are no controls, and where there are no controls human beings universally drop to their lowest ethical level. Another example popped up in Davenport, Florida.

HOA president David Meadows has been arrested for allegedly stealing a half million dollars from his Homeowners Association. One resident, Danielle Groth, says it’s routine for her HOA to charge $100 a day for such things as cigarette butts on the ground to kids’ toys in the yard or the wrong style of window blinds.

The Florida State Attorney Generals office says a lot of that money ended up in David Meadows pocket.

The Bimini Bay Homeowners Association. Such a lovely place to live!

http://www.abcactionnews.com/dpp/news/region_polk/davenport/davenport-hoa-president-accused-of-stealing-500k-from-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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