California Real Estate Fraud Report

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DRE Lets Accused Realtor Off Easy

Although she was the subject of allegations of fraud and dishonest dealings – a quality most people don’t look for in a Realtor – the California Department of Real Estate (DRE) has made a deal with a former “Crisp and Cole” Realtor in Bakersfield.

In exchange for not contesting the above allegations, Jill Pinheiro gets to keep her real estate license, is subject to only a 30-day suspension, but that will be stayed for 2 years if she stays out of trouble.

Another Crisp and Cole Realtor agreed to a revocation of her license.

Less than 500 licenses were revoked in all of California in the last fiscal year.

Read the Full Article in Bakersfield Now.

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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