The unfortunate folks in this neighborhood are only missing $20,000. That’s peanuts compared to the millions and millions of dollars lost in other crooked HOAs. But when you buy into a glorified ‘investment club’ (which is technically all a Homeowners Association really is) you shouldn’t complain when you get ripped off.
Still, for the record, here’s a link to another story on homeowners who feel they’ve been cheated.