How To React to HOA Fraud

This week, we discuss how to react if you do not bulletproof your HOA against embezzlement and discover your HOA is the victim of fraud. Finding the proper authority to investigate allegations of fraud can prove to be extremely difficult. If your association has been a victim of the “condo confidence game,” gather as much evidence as possible. Double-check all bank statements, checks paid, check endorsements, invoices, receipts, and any other related financial data. Call the police and file a police report.   Read the article……..


Tags assigned to this article:
condofraudHOA

Related Articles

Illinois Appellate Court Clarifies Palm Decision Regarding Association Collections

In Lake Point Tower Condominium Ass’n v. Waller, 2017 IL App (1st) 162072, decided on June 28, 2017, the Association

Legal Analysis and Law Articles on Insurance, Reinsurance, Surety, Risk Management, and Subrogation

The National Law Review is one of the nation’s top resources of legal articles for insurance coverage and risk management

Emotional Support Animals in Community Associations

Condominium and Homeowners Association which ban or limit the size of pets are under increased attack by homeowners strongly desire