Financial issues are difficult sometimes to explain but they got it back in 2008.
For hopefully a clearer explaining of how to connect the dots, click on the YouTube link below for a short video trying to tie it all together. It covers past losses, anti-money laundering failures, unlicensed HOA Mgmt. Co.s dipping into your bank account, and some scarier scenarios as to what happens if your HOA Mgmt. Co. disappears. This includes a question and answer session with FirstService. It will help if you have those questions by clicking HERE
Note, this is all part of a pattern, as FirstService is not unique