Another HOA Blasted by an Embezzler

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Yes, Virginia, there really IS a Santa Claus. Except that she lives in Prescott, Arizona, and she’s been heavily ‘gifting’ herself with wads of cash. HOA cash. At last count, the total was $33,000. She’s being asked a few questions by the local gendarme, but heck, it’s Christmas. And surely homeowners in the Beaver Creek Village POA would have given her that money anyway. Get ready, Suckers, for the special assessments.
http://www.abc15.com/dpp/news/region_northern_az/prescott/kala-pearson-accused-of-embezzling-from-n-arizona-homeowners-association

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About Ward Lucas

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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