Please update your Flash Player to view content.

Former real estate broker under investigation

  The Plumas County District Attorney’s Office is investigating a former Portola real estate agent on allegations that he misused his clients’ money.

  District Attorney David Hollister said his office is actively working on a potential case against Earl Warren Morrison.

  Morrison, an agent and property manager for Portola-based Lynn Welch Realty, voluntarily surrendered his real estate broker license Aug. 24, 2012, after the California Department of Real Estate accused him of six violations.

  The state reported that Morrison failed to deposit, maintain and account for money in a trust account related to the property management business.

  According to court documents, the trust account was missing $56,382.60 on Nov. 30, 2011. The document stated the account was short $43,058.08 eight months earlier.

  A trust account is used for holding rent and deposit money collected from clients. Money is withdrawn to pay refunds and other management-related expenses. Trust accounts are traditionally used as a method to keep tenant deposits and rent payments separate from operating capital.

  Brokers are not allowed to tap into these funds except for trust-related items.

  The state said Morrison failed to produce records and copies of transactions, including deposit receipts and canceled checks, as required by law.

  The district attorney said the number of clients who were potentially affected was unknown.

  A call placed to Morrison’s home phone number seeking comment was not returned by press time.


Sports Headlines

Top Headline

As weather warms up, golf courses open for season

James Wilson Sports Editor 4/11/2014
  Fore! That word is once again heard in the distance in Plumas County. As springtime springs into action, golf courses across...


California Outdoors for the week of 4/11/2014

Carrie Wilson California Department of Fish and Wildlife   Fish and wildlife regulations don’t always keep up with latest technology Hunting with pellet rifles Question:...


Trojans baseball blows out Portola

Trojans baseball blows out Portola

Quincy’s Jake Wallace is cocked and ready to fire off a fastball. Wallace pitched the second game for Quincy at the Biggs tournament last weekend. File photo...

Contact Us



Facebook Image
Local Events

National Headlines

Auto Parts
Moving and Storage
Yellow Page Directory
Yellow Pages
Advertise with us
Dining Guide
Visitors Guide
"); pageTracker._trackPageview(); } catch(err) {}