This week a bunch of the 38 convicted criminals involved with the Las Vegas HOA takeover scheme are being sentenced. This one escaped prison. I'm going to do a summary of all this soon.
The message of this is obvious--HOAs and condo associations are fragile institutions that are totally dependent on the resources of their owners. By resources I mean money, time, loyalty, and expertise. With virtually no governmental oversight and most residents not paying attention, it is easy for associations to be taken over by groups of people who don't have the community's best interest in mind. Some are just petty neighborhood dictators, some are looking to engage in self-dealing to help themselves and their friends, and some are fraudsters.