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 Money is withdrawn to pay refunds and other management-related expenses.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

FRC rodeo to open arena for anyone brave enough

FRC rodeo to open arena for anyone brave enough

This cowboy holds on for dear life during last year’s saddle bronc riding portion of the rodeo clinic at Feather River College. For the third year, FRC’s rodeo...


New class plans paddle fest

New class plans paddle fest

Quincy locals try out some human-powered boats at last year’s Plumas Paddle Fest, presented by the Outdoor Recreation Leadership program of Feather River College....


Fishing Report for the week of 4/18/2014

Fishing Report for the week of 4/18/2014

Robert Paulson, of Meadow Valley, holds up the 23-pound Mackinaw he caught at Bucks Lake on April 6. Photo submitted Michael Condon Staff Writer 4/18/2014Read More...

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) {}