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Former Your Black Muslim Bakery matriarch to lose real-estate license
Mercury News ^

Posted on 06/30/2009 11:01:50 AM PDT by Chet 99

Esperanza Johnson, a former Your Black Muslim Bakery matriarch who left a trail of dubious real-estate deals from Antioch to Oakland, will have her real-estate broker's license revoked effective today after a judge found she's not "sufficiently honest" to keep it.

The California Department of Real Estate last year filed charges against Johnson — now 54, also formerly known as Noor Jehan Bey and Nora Bey — and her business, Signature One Mortgage & Real Estate, alleging they'd made misrepresentations during real-estate transactions; lost a lawsuit in which they were accused of fraud and deceit; employed an unlicensed broker or salesman; and employed licensed salespeople without a written contract or without notifying the department as required by law.

Administrative Law Judge David Benjamin wrote in his May 7 decision that although Johnson, of Oakley, faced emotional stresses including her own illness and her sister's, "the fundamental issue "... is whether she is sufficiently honest to carry out the fiduciary duties of a real estate licensee."

(Excerpt) Read more at mercurynews.com ...


TOPICS: Crime/Corruption; US: California
KEYWORDS:

1 posted on 06/30/2009 11:01:51 AM PDT by Chet 99
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To: All

Not honest enough to hold a real estate license? Wow... and here I had thought dishonesty was a prerequisite to being in the real estate business.


2 posted on 06/30/2009 11:02:39 AM PDT by Chet 99
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To: Chet 99
"The California Department of Real Estate"

Look for the CEO or Director to be in the unemployment line with Walpin soon.

3 posted on 06/30/2009 11:04:59 AM PDT by lormand
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To: Chet 99

I think we just found the new ‘Housing Czar’ for Zero’s administration.


4 posted on 06/30/2009 1:49:13 PM PDT by 11Bush
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