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Escrow Shoppe

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BUSINESS
April 18, 1989 | JAMES F. PELTZ, Times Staff Writer
When David Fein completed the sale of his Woodland Hills house March 17, he had no reason to think anything was wrong. That day, Fein went to the Escrow Shoppe, an Encino firm that handled his sale's escrow. He signed the house's deed over to the buyers, picked up a five-figure check written by the Escrow Shoppe--his proceeds from the sale--and three days later, deposited the check in his bank. A few days later, Fein went to his bank's automated teller machine to withdraw cash.
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BUSINESS
June 20, 1989 | JAMES F. PELTZ, Times Staff Writer
Three months after state officials seized an Encino escrow firm, the Escrow Shoppe, and froze $5.5 million of customers' money, the customers are finally getting their money back--but not all of it. Last week, Russell A. Greenwood, a court-appointed receiver looking into the Escrow Shoppe's books, unfroze most of the money but withheld 10% of each customer's amount. Why? Judy L. Hartley, a senior lawyer with the state Department of Corporations, which licenses escrow firms, said up to $450,000 of the money might still be missing.
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BUSINESS
June 20, 1989 | JAMES F. PELTZ, Times Staff Writer
Three months after state officials seized an Encino escrow firm, the Escrow Shoppe, and froze $5.5 million of customers' money, the customers are finally getting their money back--but not all of it. Last week, Russell A. Greenwood, a court-appointed receiver looking into the Escrow Shoppe's books, unfroze most of the money but withheld 10% of each customer's amount. Why? Judy L. Hartley, a senior lawyer with the state Department of Corporations, which licenses escrow firms, said up to $450,000 of the money might still be missing.
BUSINESS
June 20, 1989 | JAMES F. PELTZ, Times Staff Writer
Three months after state officials seized an Encino escrow firm, the Escrow Shoppe, and froze $5.5 million of customers' money, the customers are finally getting their money back--but not all of it. Last week, Russell A. Greenwood, a court-appointed receiver examining the Escrow Shoppe's books, unfroze most of the money but withheld 10% of each customer's amount. Why? Judy Hartley, a senior lawyer with the state Department of Corporations, which licenses escrow firms, said up to $450,000 of the money might still be missing.
BUSINESS
June 20, 1989 | JAMES F. PELTZ, Times Staff Writer
Three months after state officials seized an Encino escrow firm, the Escrow Shoppe, and froze $5.5 million of customers' money, the customers are finally getting their money back--but not all of it. Last week, Russell A. Greenwood, a court-appointed receiver examining the Escrow Shoppe's books, unfroze most of the money but withheld 10% of each customer's amount. Why? Judy Hartley, a senior lawyer with the state Department of Corporations, which licenses escrow firms, said up to $450,000 of the money might still be missing.
BUSINESS
April 18, 1989 | JAMES F. PELTZ, Times Staff Writer
When David Fein completed the sale of his Woodland Hills house March 17, he had no reason to think that anything was wrong. That day, Fein went to the Escrow Shoppe, an Encino firm that handled his sale's escrow. He signed the deed of his house over to the buyers, picked up a five-figure check written by the Escrow Shoppe--his proceeds from the sale--and three days later deposited the check in his bank. A few days later, Fein went to his bank's automated teller machine to withdraw cash.
BUSINESS
March 23, 1989 | JAMES F. PELTZ, Times Staff Writer
State officials said they seized an Encino escrow company, the Escrow Shoppe, on Wednesday after alleging that the company made $3 million in unauthorized payments and was missing $87,000 it was supposed to be holding in a customer's trust account. Thomas H. Warden, a lawyer for the company and its owner, Sandra Bianco, denied the allegations by the state Department of Corporations and said no money was missing.
BUSINESS
October 17, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
California regulators are accusing another Encino escrow firm, Pavilion Escrow Inc., of breaking state laws while handling several real estate deals, including the $3.6-million sale of tennis star John McEnroe's house in the exclusive Carbon Beach area of Malibu. In a complaint before the Department of Corporations (DOC), Corporations Commissioner Christine W.
REAL ESTATE
May 20, 1990 | DAVID M. KINCHEN, TIMES STAFF WRITER
The man at the order counter of Title Insurance & Trust Co. in downtown Los Angeles had a problem. After ordering a title report on a building site he was selling, he told clerJ. Beynon that he had to leave town for a few days. "He asked us if we would . . . take his executed deed, deliver it to the buyer of his building lot, together with the certificate and send him the $1,000 that was owed him," Beynon later wrote.
BUSINESS
April 18, 1989 | JAMES F. PELTZ, Times Staff Writer
When David Fein completed the sale of his Woodland Hills house March 17, he had no reason to think that anything was wrong. That day, Fein went to the Escrow Shoppe, an Encino firm that handled his sale's escrow. He signed the deed of his house over to the buyers, picked up a five-figure check written by the Escrow Shoppe--his proceeds from the sale--and three days later deposited the check in his bank. A few days later, Fein went to his bank's automated teller machine to withdraw cash.
BUSINESS
April 18, 1989 | JAMES F. PELTZ, Times Staff Writer
When David Fein completed the sale of his Woodland Hills house March 17, he had no reason to think anything was wrong. That day, Fein went to the Escrow Shoppe, an Encino firm that handled his sale's escrow. He signed the house's deed over to the buyers, picked up a five-figure check written by the Escrow Shoppe--his proceeds from the sale--and three days later, deposited the check in his bank. A few days later, Fein went to his bank's automated teller machine to withdraw cash.
BUSINESS
March 23, 1989 | JAMES F. PELTZ, Times Staff Writer
State officials said they seized an Encino escrow company, the Escrow Shoppe, on Wednesday after alleging that the company made $3 million in unauthorized payments and was missing $87,000 it was supposed to be holding in a customer's trust account. Thomas H. Warden, a lawyer for the company and its owner, Sandra Bianco, denied the allegations by the state Department of Corporations and said no money was missing.
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