Malfeasance by HOA Board in self-dealing

The actions of the board of directors for a typical common interest development, homeowners association (HOA) are typically and legally accountable to the homeowners, but only if the homeowners demand that accountability.  When stories of alleged malfeasance become public (like the one cited below), one has to wonder if the homeowners were really paying attention and what happened to transparency and due-diligence, two other values in governance that are often sacrificed when boards go astray.

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