Another Day, Another HOA Dollar

No, actually it was about 283 HOA dollars a day. But the treasurer of the Stratford Homeowners Association in a well-to-do suburb of Augusta, Georgia, is facing theft charges.

Laurie Wainwright-Vanover now stands accused of stealing more than a quarter million bucks from her Homeowners Association over a four year period. She was treasurer of her association and had access to the dues paid by all her neighbors.

Of course, she’s not guilty until proven so in a court of law. Unless she pleads guilty, innocent by reason of insanity or….better yet? How about this for a defense: Since we’re living in an era of redistribution of wealth, all she was doing was trying to help carry out national policy. Who knows? People who embezzle from their neighbors sometimes come up with some goofy excuses for doing so.

http://tinyurl.com/a7o84qg

original source:

http://www.wjbf.com/story/22182589/treasurer-arrested-accused-of-stealing-hoa-money

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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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