A Homeowners Association’s (HOA) board of directors acts like a mini-government. Like a government, it has the power to collect taxes, through assessments, and spend those funds, which it does through a wide variety of vendors, including property managers, contractors and attorneys. Like a government, this authority sometimes leads to corruption. Although it is impossible to guard against every imaginable type of fraud, directors should have a good understanding of their association’s vulnerability to “occupation fraud” and take steps to guard against it.      Read more……..