Regulatory record Regulatory order
Newport Beach Escrow phantom deposits and unauthorized disbursements — Regulatory record
Orange, California · SOCEF-0040
- Court / region
- Orange
- Case number
- SOCEF-0040
- Filed
- June 18, 2007
- Source system
- California DFPI
- Procedural posture
- Regulatory order
- Strongest reviewed source
- Public source record
- Allegation / finding status
- Unknown / needs review
- Disposition
- Regulatory order
- Last posture checked
- 2026-05-30
- Reviewed
- 2026-05-30
Why this is included
Teaches an escrow file-review pattern from a public regulatory or court record.
Summary
The cited regulatory order describes license revoked and individual barred by settlement. The extracted workflow issue is unauthorized trust disbursements against phantom deposits and trust-account debit balances.
Topics
Public source links
File-record question
What the reviewed record suggests the file later needed to show:
Trust-account control evidence, authorization trail, reconciliation/shortage evidence, reporting timing, and custody decision.
What this record does not show
This reviewed record does not show a court finding that any company or person did anything wrong. The strongest reviewed source is a public source record; agency action is not a criminal conviction and may not resolve underlying disputed facts.
Limit: Regulatory order or agency record; not a court judgment. Read the primary source.
Escrow Cases organizes reviewed public court records and links to source records. Court filings may contain allegations. This site does not certify, rank, accuse, recommend, verify, insure, or conclude that any company or person did anything wrong. Read the source record.