Our buddy from Las Vegas sends us the latest news link (at bottom of this page). The Federal Prosecutor there will soon be indicting its last round of HOA scammers.
These are the guys, you may recall, who ran phony HOA board elections, got the fake board officers to start diverting millions of bucks worth of homeowners’ dues into the pockets of corrupt Nevada lawyers, police officials and building contractors. More than two dozen pleaded guilty; the feds say they may indict a dozen more before ending its racketeering investigation. It’s one of the most massive public corruption cases in the history of the FBI.
More and more Homeowners Associations around the country are actually demanding and getting police powers. Most homeowners are standing idly by and letting it happen.
In Illinois, in Colorado, in Florida and elsewhere HOA boards are purchasing traffic radar equipment and handing out speeding tickets. Fines against speeding homeowners can run anywhere from 50 to 3500 dollars! All by itself, that’s an outrage. But like gasoline thrown on a campfire, HOAs are actually fining homeowners when their guests are caught speeding!
As crazy as it seems, a case bubbling through the court system in Illinois has actually made it to that state’s supreme court.