Get The Embezzling Message Across!

Slowly, very slowly, members of Homeowners Associations are discovering that the basic design of American HOAs is fundamentally and profoundly flawed. The system encourages embezzling. The system of double-checks that marks all traditional governments was just never built into the HOA system.

The latest alleged embezzlement was only discovered by accident. More than a quarter million bucks is missing from an Arizona HOA and each homeowner is going to be straddled with special assessments. “Gosh, I thought Homeowners Associations protected property values?”

Dunce.

Buy into a Homeowners Association and risk your life savings. That’s just the way it is.

(link to yet another embezzling arrest)

 

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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.

1 thought on “Get The Embezzling Message Across!

  1. Nila Ridings

    A couple of days ago some guy robbed the bank down the street from me.

    My first thought was….what a fool! Why didn’t he just get on his HOA board or open a property management company? He could have stolen a lot more money and probably never served more than a couple of months in jail. Now, the fool is going to end up in prison.

    Possibly he just hasn’t gotten the memo on HOAs being a thieves’ paradise yet!

    Reply

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