Missing $300K from property owners group will be investigated (AZ)

A former officer and board member of a local property owner association is alleged to have embezzled at least $300,000 from the group, according to a letter issued to its members.  In August, officials with Premier Storage, a storage condominium facility on the south side of Lake Havasu City, issued its member-owners a letter explaining they discovered the funds in the association’s bank accounts had “very low balances.”    Read the article……….