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How to Detect and Prevent Theft, Fraud & Embezzlement in HOAs

It’s a sad but true fact: Condominium associations, homeowners associations, and other residential community management organizations are frequent targets of embezzlement and fraud. A combination of factors makes them a tempting and lucrative target for embezzlers: relatively large sums of money; lax standards and enforcement; and part-time volunteer boards in charge of accounting and control. […]