TEXAS – Money missing from local HOA account

KRISTV.COM:  Money missing from local HOA account
By Bart Bedsole
February 11, 2016
CORPUS CHRISTI –  A lot of money is missing from a local homeowners association account, and residents there met Thursday night to get some answers.The neighborhood involved is the “Lakes Northwest” near the intersection of FM 624 and FM 1889 in Calallen. The association is still working to figure out the exact amount missing, but sources say it’s definitely in the tens of thousands of dollars.

This money is collected every month from those who live there, and is intended for things like improving the landscaping in common areas. The emergency meeting for residents drew a large turnout. It was intended to inform them of the findings so far and where they go from here.

The current leaders of the association didn’t name any names, but sources tell KRIS 6 a person who recently held a leadership position with the HOA and had access to the bank account is accused of making several withdrawals over a period of at least several weeks.  Read more:

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