It never ceases to amaze me how blatant HOA embezzling is. Today’s case involves a board member at the Woodcreek Homeowners Association in Bixby, Oklahoma.
55 year old Gregory Horvath was arrested for stealing 18,000 dollars from his neighbors. Police say Horvath funneled excessive amounts of HOA money through his insurance company, then wrote checks to himself and his wife.
Note to homeowners everywhere: Study the books in your own HOA. You’ll find problems of your own. The very structure of American HOAs encourages cheaters.
(click here for Oklahoma embezzlement story)
