HOA, condo, co-op News Roundup (Sept. 1, 2019)

By Deborah Goonan, Independent American Communities   New HOA laws in SC don’t rein in corruption; FL HOA to fine police officer for parking violation; NE residents fear their road will collapse into a cavern below; bankrupt condo association living with blue tarps over their rooftops.   Say it isn’t so! New HOA laws don’t help homeowners (SC) State Rep. Russell Fry tells WMBF’s investigative reporter that he knows HOA statutes, which became effective January Continue ReadingHOA, condo, co-op News Roundup (Sept. 1, 2019)

HOA, condo, & co-op corruption and fraud roundup (April 2019)

Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities Updated April 29, 2019 7:35 PM EDT This month: a bumper crop of HOA embezzlement and fraud investigations, arrests, and plea deals. Most of the crimes were committed by former HOA board members or managers. A common theme in these reports — the embezzler makes all kinds of lame excuses for stealing from neighbors, and then tries to bargain with the HOA to avoid criminal charges. Quite often, white-collar Continue ReadingHOA, condo, & co-op corruption and fraud roundup (April 2019)