Tag Archives: HOA Embezzlement

Elder Abuse and Financial Kidnapping

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The link below is horrifying, but really should be read by everyone concerned about elder abuse. It involves state agencies that declare an elderly person ‘incapacitated’ and appoint a guardian who takes over that person’s care and gives the guardian unlimited access to the older person’s bank accounts.

While I was an investigative reporter for the NBC affiliate in Denver I reported on several such cases. Then, attending my 50th class reunion last month, I spoke to a longtime neighbor (and a good-lookin’ gal, too!) about a different kind of theft. Seems that a sibling was executor of her parents’ rather substantial estate and that sibling stripped out all the assets. My friend didn’t get a dime of what her parents left her.

Another One Of Those ‘Isolated Incidents’

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HOA boosters like the Community Associations Institute would have us all believe that embezzling by HOA board members is very isolated. Linked below is one more of the hundreds and even thousands of cases of out-of-control board members stealing from their neighbors.

(how isolated is HOA embezzling?)

 

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Loretta Lock Finally Admits She’s A Thief

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guest blog by Nila Ridings

Charleston Harbor HOA in Kansas City North, Missouri has been the latest victim of over a $100,000 embezzlement!

On August 19, 1938 a thief by the name of Loretta Lock was born. She sells real estate and advertises how honest she is! And her performance in the courtroom would have you thinking she’s a little old church lady who laid down her knitting needles and forgot her hearing aids in a rush to stand before the judge and plead guilty to stealing from two hundred of her neighbors! Annually, they each pay dues of $400. So her stint as the board treasurer and neighborhood thief required some very careful transacting.

Organized Crime? You Betcha!

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Organized crime is endemic in the HOA industry, absolutely woven throughout the faulty fabric of the whole structure of Homeowners Associations. Racism, bribery, blackmail, criminal harassment, theft, extortion, embezzlement, phony liens and foreclosures.

If you go back through five years worth of blog posts on NeighborsAtWar.com you’ll see hundreds, even thousands of posts and links to stories of criminal activity in Homeowners Associations in virtually every state in America. Board members, treasurers, management companies, HOA lawyers, even the federal racketeering convictions of 43 HOA officials in Nevada. It’s a vast criminal empire that only recently is beginning to attract attention from the nation’s news media. So this next paragraph and the associated link shouldn’t surprise you much.

Setting The HOA Record Straight!

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I’m really good, aren’t I? I should go into business as a professional psychic! Just a few days ago in a blog post headlined, “Fire That Reporter, Judy Thomas,” I predicted that the powers-that-be would come down like a sledgehammer on the reporter who wrote the fantastic HOA series in The Kansas City Star.

It’s starting, just like I said it would. Linked below is an internal column by the Community Associations Institute, (CAI). It’s so typical of the rank distortions by CAI whenever they refer to homeowners rights advocates. The KC Star’s series was not only incredibly accurate, but it was also fair and balanced. The national Homeowners Association scam is so far out-of-control that a typical reaction to the phrase, ‘homeowners association’ is a couple of raised eyebrows. It’s hard to find a single person who hasn’t heard horror stories about HOA life.