Board Malfeasance What to Do if You Suspect Foul Play

What should residents do if they suspect fraud, self dealing or malfeasance?
Most co-op, condo, and HOA boards are made up of honest people who truly want to act in the best interest of their community -- but sometimes bad actors do wind up on boards, and sometimes even whole boards can be corrupt. In this short clip, two legal pros discuss what non-board residents can do if they suspect that something fishy is afoot with their board. 

Related Articles

Common Board Blunders

Professionals Weigh In

Q&A: Our Co-Op Is Being Improperly Run

Q&A: Our Co-Op Is Being Improperly Run

Your Community's Bylaws

What Should the Average Resident Know?

Board Misconduct

Understanding the Difference Between Illegal and Improper

The Claim Conundrum

When to File vs. When to Pay

Combatting Kickbacks

Spotting and Stopping Fraud in Your Community

 

Comments

  • Yes, board malfeasance, we got that. I've taken all those recommendations. Our board has been issuing false financial statements. I demanded an inspection of the books of account and not surprisingly the board declined. I got a lawyer of my choice and now we are in court for me to get those records. If you have good reason to believe that there is board malfeasance (no gut feeling, speculation, satisfaction of curiosity, ...), more than likely the board will deny you an inspection of the books.