Another Day, Another HOA Embezzlement

A Pensacola Homeowners Association is juggling its debts, after discovering their treasurer swiped more than $90,000. Escambia County Sheriff’s deputies agree and they’ve charged Hedi Dyer with fraud and larceny.

They say the treasurer of the Lillian Woods HOA wrote checks to herself and her husband over a five year period. Now the neighborhood is struggling to keep its bills paid.

Like thousands of other HOAs around the country, the Lillian Woods HOA had no way to make sure their treasurer was being honest with the neighborhood’s funds. It now joins thousands of other HOAs which are whining, “We got swindled!”

http://www.weartv.com/newsroom/top_stories/videos/wear_treasurer-steals-90000-local-homeowners-association-25741.shtml

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