Another Day, Another Embezzlement (heavy sigh)

Kevin Costner said, “If you build it they will come.”

A new movie could have him saying, “If you create it (checking account), they will come (embezzlers).

Years ago there was a rash of stories about soccer-moms who were stealing from the soccer club checking accounts. Some people just can’t withstand temptation.

In the story linked below, owners of storage facility lockers in Lake Havasu City discovered their board president had skated off with about $300,000. They’d love to sue him to get it back. But he had the temerity to die. It’s happened before!

(link to story about embezzlement)

 

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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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