Ho Hum. Another Day, Another Embezzlement

KY3 News in Springfield, Missouri is reporting on a 23-count Federal Grand Jury indictment of an HOA bookkeeper in Branson.

Sarah Underwood is accused of embezzling more than 300,000 dollars from the Fall Creek Condominiums. Of course, she’s innocent until proven guilty. But according to the news media in Missouri, she wrote several checks to herself including one for $80,000!

Dumber than a box of rocks!

Next to jaywalking, embezzling from Homeowners Associations is probably one of the most underreported crimes in America. Tragically it’s only the dumb crooks who get caught. This woman certainly deserves to be a runner-up for the annual Charles Darwin award. That is, if she’s convicted.



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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.

4 thoughts on “Ho Hum. Another Day, Another Embezzlement

  1. L. K. Kamkar

    The indicted Underwood story comes with many twists and turns and actually includes 4 articles published. It began with her interview at The Majestic Fire, a high end Lake View condo where she and her live-in Nick Ramirez, allegedly both still married to Larry Hill and Sheri Hooten Ramirez, began an office romance and started a company by the name of Mstermind Construction. They in turn fired one Jerry Weatherly who ended up shooting Mr. Ramirez in the knee, Mr. Ramirez went back to wife Sheri and Underwood was arrested with Hill.

    A few members were concerned repeatedly and asked for a forensic audit, investigation into conflicting interests and in fact spoke to office personnel who intimated that they knew of mishandling of some kind yet remained quiet, and board members both via email, in person and via telephone. The concern fell on deaf ears. It is my opinion that this could have been avoided had C. Frye and L. Denton paid attention to concerns. The investigation showed that Mr. Frye was actually a signor on one accounts she used and allegedly gave her the only vote of confidence prior to her dismissal.

    1. L. K. Kamkar

      P. S. The irony of it is that Nick Ramirez and his lawful wife made front cover news in Branson when their Trailer floated down Turkey Creek and they lost everything. There were a handful of Owner Occupied residents that to spite our joint efforts fell victim, along with other owners to a crime that could have been stopped or avoided. G. Newsome was actually named in a suit by Underwood for speaking out. Now J. Wood the person working in the office is suing Sarah Underwood, and the list goes on.

      1. L. K. Kamkar

        Retraction, J. Clark was the personnel in office, not J. Wood, J. Wood had nothing to do with the office and was in no way involved.


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