By Kyle Daly | InMaricopa.com
The Arizona Attorney General’s office is investigating a local real estate business that was forced to close its doors in April after an audit by the state department of real estate revealed a misuse of funds.
The Arizona Department of Real Estate issued a cease and desist order April 22 directing Dawn Anderson, owner of Maricopa Properties, to stop conducting business after an audit revealed faulty paperwork and a shortage of almost $280,000 in broker trust accounts.
The attorney general’s office has contacted people who might have lost rent money or security deposits when the business shut its doors.
A letter from the attorney general’s office sent to one property owner on June 21 asked the person to submit a list of their properties managed by the business and the amount of money they lost on each property after the real estate business closed.
