I hate to act amused at someone else’s misfortune, but this is one of those rare times when all homeowners should stand up and cheer. It seems the Indiana Attorney General has filed a lawsuit against three board members of The Harbours Homeowners Association in Jeffersonville. It may be that law enforcement around the country is following the example of the FBI in its massive Grand Jury investigation into Las Vegas HOAs.
The lawsuit accuses the three Indiana board members with fraud and abusing their fiduciary reponsibility. Only last year, the Indiana Legislature passed a new bill that gives the Attorney General the ability to oversee Homeowners Associations. At this point it seems that Indiana is leading the nation in state governments which are recognizing that HOA fraud is endemic around the country.
Is there light peeking over this dismal HOA horizen? Perhaps there is!
Ward Lucas, author of Neighbors At War! The Creepy Case Against Your Homeowners Association