Oh yes, embezzling is endemic in American Homewers Associations. Just Google “homeowner association and embezzle.” Then stand back and watch the numbers.
The latest one is Dale Palmer, a Kansas City man who managed HOAs in Kansas, Missouri, Illinois and Wisconsin. This creep thought he could get away with embezzling more than 750,000 dollars. He’s going to prison for 46 months, but that’s a laugh. He’ll get off about two years for good behavior.
This is hilarious! A Homeowners Association in Debary, Florida, refuses to let homeowners post political signs in their front yards. As we all know by now, the right to free speech in the Constitution’s Bill of Rights is not recognized by the American Homeowners Association movement.
Now, homeowners throughout the neighborhood are placing empty chairs in their yards where they could have placed their political signs. It’s an obvious reference to Clint Eastwood’s empty chair speech at the Republican National Convention.
Presumably, Republicans and Democrats in Debary ought to be concerned about their lack of access to free speech rights.
A Pensacola Homeowners Association is juggling its debts, after discovering their treasurer swiped more than $90,000. Escambia County Sheriff’s deputies agree and they’ve charged Hedi Dyer with fraud and larceny.
They say the treasurer of the Lillian Woods HOA wrote checks to herself and her husband over a five year period. Now the neighborhood is struggling to keep its bills paid.
Like thousands of other HOAs around the country, the Lillian Woods HOA had no way to make sure their treasurer was being honest with the neighborhood’s funds. It now joins thousands of other HOAs which are whining, “We got swindled!”
Homeowners usually get the raw end of the deal when they try to fight the “Bigs” in the HOA industry. Some Homeowners in California are trying to turn that trend around. An HOA in Riverside County has sued three former property managers for “fraud, conspiracy to defraud, breach of contract, and breach of fiduciary duty.” They had employed the management companies for eight years.
Canyon Lake Association then sued its own law firm, Fiore, Racobs & Powers, accusing them of “fraud and malpractice.” They say a lengthy investigation found “no cash management, no separation of accounting duties, credit card abuse by employees, employee salary increases that were not approved by the board.”
Every new guilty plea should bring a shout of joy from the thousands of elderly Las Vegas HOA members who’ve lost their life savings and home equity when this cesspool of crooks decided to start draining their neighbors of their savings.
Hooray!!!!!!!!!!!!!!!!!
This week Arnold Myers, a former HOA board member and a phony straw buyer of an HOA home, pleaded guilty to fraud and corruption and conspiracy to commit mail and wire fraud. He’s the 27th. The judge ordered him to pay $277,000 in restitution.
