Harry Reed Confesses To Embezzling From Texas HOA

This is one of those stories that we will hear over and over again, with only minor variations, but it is always worth pointing out the details.

 

Boards must be diligent and pay attention to those expenses.  Here, it was the details that tipped them off:

 

 

The employee said Reed later produced slips of paper with workers’ signatures, but the employee said she and other board members were suspicious about his story. For one thing, the complaint said, some of the cash withdrawals were made outside Texas, and the number of tree removals in the subdivision didn’t match the number of slips of papers he presented.

 

Former Tomball HOA president accused of embezzling $41,664

By Carol Christian
Read the rest, here on the Houston Chronicle site:
http://www.chron.com/news/houston-texas/houston/article/Former-Tomball-HOA-president-accused-of-4097297.php
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