Yes, once again we’re talking about embezzling. I could, and probably should do a story a day on how board members are embezzling from Homeowners Associations. There are so many creative ways to steal from your neighbors. But a woman arrested in Broward County just forged the names of other board members and wrote herself checks from the HOA bank account.
Michelle Changer-Coe was the president of the Mainlands Seven Homeowners Association. She’s in jail facing charges that she stole nearly $200,000 from her HOA.
Actually, while I hate to say it, this HOA got exactly what it deserved. They elected this woman president despite the fact that she was convicted a number of years ago for grand theft/forgery.
Now the big question: How many HOAs boards and managers are not involved in embezzling?