Final Four Convicted In Vegas

It’s been years coming, but the final four HOA thieves in Las Vegas have been convicted. They helped steal millions of dollars from more than a dozen Las Vegas and Henderson homeowners. This organized crime/racketeering ring put fake board members in HOAs up and down the valley and steered HOA dues into the pockets of lawyers, politicians, police officers, public figures and others. The homeowners will never get their stolen money back. A federal judge has already predicted that.

It’ll be interesting to see what kinds of federal prison sentences these criminals get. Sadly, my prediction is that they’ll only spend about 18 months behind bars. Yes, they bankrupted untold numbers of homeowners. Logic tells you these hoodlums are imprisoned until all the victims are repaid. But federal prison sentences for white collar crime are very seldom any more than a year-and-a-half.

(link to 8NewsNow, Las Vegas)

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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.

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