Arizona HOA Sues Embezzler
Wow! You don’t see stories like this every day. But an HOA management company is being sued by an HOA over a minor little infraction of the law… the embezzlement of 3.4 million dollars.
The Edge at Grayhawk Condo Association in Scottsdale thinks embezzling is a crime. These homeowners pay dues of $300 a month. But they just felt that their money was going down a rat hole. And the rat, they think, is Eagle Property Management.
The cops are looking into the matter, and the company president is refusing to talk to anyone.
