Egads! I can’t count the times when I’ve heard about an HOA board member or HOA manager stealing money to feed his or her gambling addiction. It’s stupid. What’s even more stupid is that 66 million homeowners across the country risk all their life savings by buying into Homeowners Associations in which embezzling is endemic. If you live in an HOA, there’s a massive chance someone you’ve entrusted with your money is chiseling.
Get out! Get out! Get out! Let the national HOA Scam collapse on itself.
Madonna may decide her uppity New York co-op neighbors aren’t worth the rent. She’s suing because the co-op board doesn’t want Madonna’s kids or domestic help staying there when she isn’t physically in the building.
In the story linked below, I don’t read that she’s suing for racial discrimination, but I’d bet my last dollar that’s going to be a central point of her lawsuit. Some white folks just don’t like it when people of color are around. That’s how the whole HOA movement got started in the first place. Don’t believe me? Go look in the title history of your property deed!
Here’s a an auditor from Pima County, Arizona who apparently opted to steal from the HOA rather than the taxpayers. Joshua Bonillas was the HOA bookkeeper for Presidio Villas 2. His day job as county auditor paid him $60,000 per year. He admits to stealing $45,000 from his neighbors via the HOA bank account by forging the treasurer’s signature on the checks.
If you think the link below gives any hint to my personal beliefs then you’ll be dead wrong. I just want to pass it on because it’s funny. And humor is the way to build bridges between people of different political persuasions.