As president of an HOA, I watch everything on our monthly financials. If anything is out of line or I see questionable charges, I call our management company immediately. HOA members need to be more actively involved in the financial aspects of their association. This can happen anywhere, anytime. It happened at Pleasure Island last week. People, watch where your money flows. Do not depend on a management company to catch everything. It may be too late if you don't stay on top of it.