Maricopa Properties fined civil penalty of $12,000

Attorney_General_investigates_property_m_1_732940000_20130708184934_640_480By Kyle Daly | InMaricopa.com

A local real estate business forced to close its doors in April after an audit revealed a misuse of funds was ordered last month to pay a civil penalty of $12,000.

The order was given by the commissioner of the Arizona Department of Real Estate. The state agency can investigate possible violations of real estate law and can assess penalties against violators.

Dawn Anderson, owner of Maricopa Properties, LLC, did not appear at a Nov. 25 hearing in which real estate department counsel argued a civil penalty should be imposed against Anderson and the business.

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