There are so many people who embezzle from their Homeowners Associations, that you just can’t keep up. I could probably do ten stories a day on these horrific crimes and not cover them all. But I will occasionally cover some of them just to give a few of these creeps a little extra face time.
This couple stole $200,000 from the timeshare group they managed. At least they’re going to get some quiet time…behind bars. But do you think that’ll stop other embezzlers? Not in a million years will these cheap little jail sentences create any deterrence factor for others. As long as the current HOA structure exists, board members, presidents and treasurers will continue stealing what usually is easy money.
Mandeville, Louisiana.
Amanda Sturdivant.
Jimmy Sturdivant.
Creeps.
Thieves.
They’re two of the reasons that your Homeowners Association absolutely does not protect your property values. Your membership in an HOA paints you as a complete and total sucker.
Former Playboy Bunny Holly Madison thought it would be a fun idea to build a doghouse perfectly designed to match her own home in Las Vegas. She even hired a contractor to make sure it was perfectly built.
Well, someone in the HOA was upset with the way something was built. And Holly is losing a Ben Franklin each month in HOA fines. Apparently, it wasn’t the doghouse that upset the local HOA. It was just the fact that it’s painted pink.
In any event, Holly is moving and taking her perfectly built doghouse with her. She may have trouble finding another home in Las Vegas, though. The only new housing there is under HOA control. And Las Vegas HOAs have a horrible reputation.
Not too many years ago you couldn’t get any reporter anywhere to take a critical look at the national HOA mess. Even when the U.S. Attorney started getting guilty pleas in the Las Vegas organized crime/HOA scandal, you couldn’t find many news stories outside of Nevada, itself. And there was almost ZERO coverage by the national networks. (BTW, as a long-time reporter I plead guilty of neglecting the subject)
But these days it’s not uncommon to find several probing stories a day. Some in the news media, like the one linked below, are slowly beginning to realize there really is some dirt under these HOA sheets. Someday they might even begin recognizing how deep this dirt really is.
Lots of animosity in Homeowners Associations. But for any homeowner who thinks he should fight back in novel ways, the link below is incredibly important. This person is facing ten years in prison for retaliating against an HOA tormentor
It must seem like embezzlement from Homeowners Associations is the most unreported crime in the country. These crimes happen with stunning regularity.
Why, oh why, do America’s homeowners allow their neighborhood banking accounts to be handed over to board members and management companies who have no financial accountability?
