Friday, June 29, 2007

Crisp & Cole under investigation

From the Bakersfield Californian:

Real estate firm investigated
State agency looking at transactions by company, say ex-employees who gave files

BY VANESSA GREGORY, Californian staff writer

The former Crisp & Cole Real Estate firm is being investigated by state regulators, two former employees say.

Both staffers say they have given investigators files related to their work at the Bakersfield company, which rose to prominence in 2005 and 2006 due in part to the public extravagance of its brash young owner, David Crisp.

Jack Doremus, a 34-year real estate veteran who managed Crisp & Cole Real Estate for two years before resigning in April, said he personally supplied investigators from the California
Department of Real Estate with requested files.

"We're not trying to hide anything from them," Doremus said.

He hopes people will withhold judgment until the investigation is complete.

The Department of Real Estate, which licenses and regulates the industry, will not confirm or discuss ongoing investigations, said spokesman Tom Pool.


Ichabod said...


You don't know the power of the dark side!

Tehachapi said...

It look the paper long enough!

Positive Cash Flow said...

Someone wake me up when David Crisp is finally escorted off in handcuffs....everything else is just boring prologue.

Raynor said...

I'm waiting for the movie.

I see Adam Sandler playing Crisp (although he may come off as too intellectual so possilby Ben Stiller for that hint of gayness).

Cole would have to play himself as no one else could even come close to capturing the hapless victim properly.

Forrest Whitaker will play Horace Mitchell of course. Another oscar looms........