HOA Treasurer Pleads Guilty

I’ve blogged about this lady before. She embezzled about 43,000 bucks from her HOA in Forsyth, Georgia. You’d think those southern folks would look down on somebody looting the neighborhood treasury. Well, it looks like she got 2 or 3 months detention. Oh yes, and she has to pay about $3300 in restitution. The jail sentence is probably light because she’s apparently repaid about $32,000.

Embezzling from Homeowners Associations continues to be one of the massive unreported crimes in America. At least this one got caught.

(link to story on HOA embezzler)

 

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About

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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