Condo Associations & HOAs Losing Millions Nationwide

According to recent reports, more than 1.2 million worthless checks enter the banking system every day in the United States. Check fraud losses account for more than 20 billion dollars per year and the number of cases is increasing by approximately 25% each year. I know from my own experience with community associations that fraud, theft and or embezzlement have become far more prevalent in the past few years, but I was astonished when I realized just how many associations in Florida have been victimized by unscrupulous board members, employees and service providers.   Read More……

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