Money missing from local HOA account - KRISTV.com | Continuous News Coverage | Corpus Christi

Money missing from local HOA account

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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.

A police report was filed in the past few days, the HOA has contacted an attorney, and many people at the meeting Thursday made it clear they want their money back, through whatever criminal or civil process is needed.

According to residents, the missing money was supposed to pay for improvements to benefit the kids of the neighborhood, by enhancing the park space and adding some playground equipment.

The neighborhood is now considering contracting with a company to collect and maintain all the HOA fees.

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