Regulatory record Regulatory order

First National Escrow lapping and unauthorized cross-escrow trust-fund use — Regulatory record

Riverside, California · SOCEF-0083

Court / region: Riverside
Case number: SOCEF-0083
Filed: May 23, 2013
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 after accusation bankruptcy and individual bar orders. The extracted workflow issue is Official accusation and revocation order state First National escrow officer Karen Gardner was involved in lapping transactions, using money from some escrows to cover shortages in unrelated escrows without authorization from the parties whose money she used, and repeatedly...

Topics

Disbursement Authorization

Public source links

Primary source Supporting source

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.