dfpi-2022-0073
Mira Vista Escrow — restitution and bar
Escrow officer diverted $1.54M across 18 closings. Officer barred from industry; firm dissolved.
- Party
- Mira Vista Escrow, Inc.
- County
- Los Angeles, CA
- Year
- 2022
- Amount at issue
- $1.54M
- Authority
- California DFPI
- Status
- Settled
What happened
Pattern identified after sellers in two adjacent transactions reported missing proceeds.
DFPI consent order required full restitution within 18 months.
Firm dissolved December 2022; surety bond paid the remaining $310,000.
Primary sources
- DFPI Consent OrderDFPI File No. 963-2198