So You Think You’ve Heard Everything?
I’d love to call this one a scam, but there isn’t enough information to make that kind of allegation. It’s just too bizarre. The City of McAllen, Texas, charges each resident an extra ten bucks on their water bill, supposedly collected on behalf of Homeowners Associations. Theoretically, that money is supposed to go to HOAs for maintenance. But nobody seems to be getting the maintenance or the money, and the City of McAllen has no idea where the money is going. There’s never been an audit. Money is even being collected from homeowners who live in neighborhoods where the HOA has been dissolved. We may be talking about millions of dollars, here.
Huh?
(link to story on disappearing money)
