June

Madelin Zapata, broker, and Fausto Diaz, formerly licensed salesperson, Union County – On April 9, 2008, the Commission approved a consent order whereby Zapata agreed to a violation of N.J.A.C. 11:5-4.2(a)(1) in that she did not properly supervise the activities of Fausto Diaz, a licensed salesperson with her firm who placed an advertisement for the rental of an apartment on craigslist.com which indicated “no children.”  She agreed to pay a $2,000 fine.  On June 10, 2008, the Commission approved a settlement whereby Diaz admitted to a violation of N.J.S.A. 45:15-17(e), in that the above conduct constitutes incompetency because such conduct indicated a discriminatory preference and limitation for prospective applicants who have children under the age of 18, and N.J.A.C. 11:5-6.4(j) for failing to provide a current copy of a summary of the New Jersey Law Against Discrimination, N.J.S.A. 10:5-1 et seq., to the property owner.  Diaz agreed to pay a $1,000 fine.  The Commission declined to approve the consent order in the absence of confirmation of Mr. Diaz having undertaken training on housing discrimination provided by the New Jersey Division of Civil Rights because, contrary to the New Jersey Law Against Discrimination, such conduct indicated a discriminatory preference.

Paul Mancuso, salesperson, Bergen County – On May 13, 2008, the Commission found Mr. Mancuso guilty of a violation of N.J.S.A. 45:15-17(s) for failing to notify the Commission within 30 days of the filing of criminal charges against him.  A $1,000 fine was imposed.  Mancuso was also ordered to submit to the fingerprinting process for a criminal history record background check.

May

Norman E. Dellas, Jr., salesperson, Cape May County – At a hearing on November 27, 2007, which was continued until February 26, 2008, the Commission revoked Mr. Dellas’s license for a period of ten years.  Mr. Dellas was found to lack the honesty, integrity and trustworthiness that all licensees must possess in order to qualify for licensure under N.J.S.A. 45:15-9 and found to be in violation of N.J.S.A. 45:15-17(e) due to his criminal conviction. 

Matthew Bader, salesperson, and Edward Collins, broker, Atlantic County – On May 20, 2008, the Commission approved a consent agreement whereby Bader admitted to a violation of N.J.S.A. 45:15-17(a) and N.J.A.C. 11:5-6.4 because he misrepresented his status as the owner/landlord rather than merely the contract purchaser on a rental listing agreement.  He agreed to re-take the salesperson’s pre-licensure education course and pay a fine in the amount of $5,000.  His license will be held on probation for a period of two years. Collins admitted he failed to supervise the activities of Bader, in violation of N.J.A.C. 11:5-4.2(a)(1) and he agreed to pay a fine of $2,500.

Cathy Levey, salesperson and Ronald Mammano, broker-salesperson, Ocean County – On May 6, 2008, the Commission approved two separate consent orders.  Levey admitted that she failed to collect the second deposit in a transaction and agreed to a violation of N.J.A.C. 11:5-6.4 and N.J.S.A. 45:15-17(e).  Levey agreed to the one-year revocation of her license and to pay a fine of $1,500.  Mammano, the branch office supervisor, agreed to a violation of N.J.S.A. 45:15-17(e) for failing to supervise the actions of Levey in her handling of a real estate transaction.  He agreed to complete the 30 hour pre-licensure course on office management and related topics which is offered as part of the broker pre-licensure education course and to pay a fine of $1,500.

Nirva Tullis, salesperson, Somerset County – On May 13, 2008, the Commission approved a consent agreement whereby Nirva Tullis agreed to a one-year revocation of her salesperson’s license and a $1,000 fine.  Ms. Tullis admitted to violating N.J.S.A. 45:15-17(a), N.J.S.A. 45:15-17(e), and N.J.S.A. 45:15-17(l).  She fraudulently signed listing agreements on behalf of four sellers who were not aware that their homes were being listed for sale.  The listings were promptly withdrawn when her broker became aware of her activities.

Harold Stamateris, salesperson, Morris County – On May 13, 2008, the Commission approved a consent agreement whereby Harold Stamateris agreed to the revocation of his real estate salesperson’s license until December 12, 2012, or the length of his entire criminal sentence, whichever is longer.  Stamateris was convicted on money laundering and theft by deception charges.  He agreed to violations of N.J.S.A. 45:15-19.1,  N.J.S.A. 45:15-17(e), in that he has engaged in conduct which demonstrates unworthiness, dishonesty and bad faith and N.J.S.A. 45:15-17(l), in that his conviction and conduct underlying his conviction demonstrate fraud and dishonest dealing.

Ilsin Kim, salesperson, Bergen County – On May 20, 2008, the Commission approved a consent order whereby Kim agreed to a violation of N.J.S.A. 45:15-17(e) and N.J.A.C. 11:5-6.4.  She agreed to a six-month revocation of her license and a fine in the amount of $1,000.  She admitted to using the keys in a broker lock box in order to allow potential buyers to move into a property prior to the execution of contract of sale or a use and occupancy agreement.

April

Donald Baldyga, salesperson, Morris County – On April 8, 2008, the Commission approved a consent agreement whereby Donald Baldyga agreed to the revocation of his license until August 17, 2010 and to pay a fine of $3,000.  Mr. Baldyga was convicted on August 17, 2005 on one count of equity skimming in United States District Court, District of Maine.  He admitted to violations of N.J.S.A. 45:15-9, N.J.S.A. 45:15-19.1, four counts of N.J.S.A. 45:15-17(e), N.J.S.A. 45:15-17(a), N.J.S.A. 45:15-17(n), N.J.S.A. 45:15-17(l) and two counts of N.J.S.A. 45:15-17(s).

Michael Rincon, salesperson, Union County – On April 8, 2008, the Commission approved a settlement whereby Mr. Rincon admitted to a violation of N.J.S.A. 45:15-17(e).  Rincon admitted that he brought unauthorized materials into the testing center when taking the New Jersey real estate broker’s examination.  His real estate salesperson’s license was suspended for a period of three months and he agreed to pay a $1,500 fine.  Moreover, Rincon is ineligible to take the broker’s examination for a period of three years following the suspension of his salesperson’s license.

March

Deborah L. Andrews, broker-salesperson, Camden County – On March 11, 2008, the Commission approved a consent order whereby Ms. Andrews agreed to an 18 month revocation of her broker-salesperson’s license, and that any subsequent license will be held on probation for a period of 12 months.  She also agreed to pay a fine of $1500.  Ms. Andrews admitted to a violation of N.J.S.A. 45:15-17(e) and that she did not notify the Commission within 30 days of the filing of criminal charges against her, in violation of N.J.S.A. 45:15-17(s).

Denise Baskerville, salesperson, Morris County – On March 11, 2008, the Commission approved a consent order whereby Ms. Baskerville agreed to a six-year revocation of her real estate license and a $1000 fine.  Ms. Baskerville admitted to a violation of N.J.S.A. 45:15-17(e) and N.J.S.A. 45:15-17(s) based upon her guilty plea in 2007 to federal conspiracy charges.

Keith Moody, salesperson, Passaic County – On March 11, 2008, the Commission approved a settlement whereby Moody agreed to the revocation of his real estate license for the longer of a period of five years or the completion of his criminal sentence.  Moody has pled guilty and will imminently be sentenced on conspiracy charges in U.S. District Court.

Ana Castro, salesperson, Hudson County – On March 11, 2008, the Commission approved a settlement whereby Castro agreed to violations of N.J.S.A. 45:15-19.1, N.J.S.A. 45:15-17(e) and N.J.S.A. 45:15-17(l).  She was found guilty in U.S. District court on a multiple count indictment alleging mail fraud, conspiracy to commit mail fraud, conspiracy to engage in check kiting, conspiracy to structure currency transactions and structuring financial transactions.  She agreed to a license revocation for the longer of a period of 5 ½ years or until she is released from supervised release.

February

James Bryant, salesperson, Somerset County – At a hearing on February 26, 2008, the Commission found James D. Bryant guilty of a violation of N.J.S.A. 45:15-17(n), procuring a license by fraud, misrepresentation and deceit; and a violation of N.J.S.A. 45:15-17(l) and three violations of (e) in that the conduct underlying his criminal conviction, the conduct underlying the suspension of his North Carolina real estate license and his providing of false information on his New Jersey real estate application, demonstrated fraud and dishonest dealing.  The Commission also found Mr. Bryant guilty of a violation of N.J.S.A. 45:15-17(h) because he had been convicted of a crime, knowledge of which the Commission did not have at the time of last issuing a real estate license to him.  Finally, the Commission found that by providing false information on his license application Mr. Bryant did not possess the requisite good moral character, honesty, integrity and trustworthiness.  Mr. Bryant was fined $10,000 and his license was revoked until July 1, 2010.  In addition, Mr. Bryant is ineligible to apply for a real estate broker’s license for a period of 10 years.  At the time he applied for his New Jersey salesperson’s license, Mr. Bryant did not disclose that his North Carolina real estate license was revoked and that he was convicted of embezzlement in North Carolina.

January

Cynthia Houser, salesperson, Morris County – After a hearing on January 29, 2008, the Commission found Houser guilty of six violations of N.J.S.A. 45:15-17(s) for failing to notify the Commission within 30 days of the filing of criminal charges and convictions.  Her broker’s license was granted on a probationary basis pending the disposition of the criminal charges presently pending.

Paul Thompson, salesperson, Burlington County – After an uncontested hearing on January 29, 2008, the Commission suspended the salesperson’s license of Paul Thompson pending the outcome of criminal charges in Burlington County.  Thompson has been indicted on 14 counts, including theft by deception, which related to his activities as a real estate licensee.  He allegedly accepted down payments for properties which never materialized or were based on false information provided by Thompson and could not proceed to closing.

Craig Jez, formerly licensed salesperson, Mercer County – On January 29, 2008, the Commission approved a settlement whereby Mr. Jez admitted to violations of N.J.S.A. 45:15-17(a), N.J.S.A. 45:15-17(d), N.J.S.A. 45:15-17(e), N.J.S.A. 45:15-17(o), N.J.A.C. 11:5-5.1(m), N.J.A.C. 11:5-6.4(a), and N.J.S.A. 45:15-17(l).  He agreed to pay a fine of $10,000 and agreed to a five-year period of revocation.  Mr. Jez deposited an initial deposit for a real estate transaction into his own personal checking account.

Dominic DiGioia, salesperson, Union County – On January 29, 2008, the Commission approved a settlement whereby Mr. DiGioia admitted to a violation of N.J.S.A. 45:15-2, unlicensed activity, by engaging in real estate activity for an entity which was not licensed and a violation of  N.J.A.C. 11:5-6.4.  He agreed to pay a $5,000 fine.

Sean Blount, salesperson, Essex County – On January 8, 2008, after an uncontested hearing, the Commission found Mr. Blount guilty of violations of N.J.S.A. 45:15-17(n), procuring a license by fraud, misrepresentation and deceit, and N.J.S.A. 45:15-19.1 based upon a theft by deception conviction.  His license was revoked for five years from the date of his conviction and he was fined $1,000.

Peter Rychok, salesperson, Essex County – On January 8, 2008, the Commission approved a Consent Order whereby Rychok agreed to a permanent revocation of his real estate license.  Rychok has entered into a separate Consent Agreement with the Department’s Division of Consumer Protection Services whereby he agreed to the revocation of his insurance producer’s license and agreed to pay a fine of $12,500 and never to apply for an insurance producer’s license again.  The underlying conduct related to insurance fraud.

December

Moshe Gohar, salesperson, Monmouth County – On December 4, 2007, the Commission approved a settlement whereby Mr. Gohar agreed to a five-year revocation of his salesperson’s license and a $3,000 fine.  Gohar was convicted in federal court of conspiracy to make a corrupt payment to a public official.

Cynthia Rivera, salesperson, Passaic County – On December 4, 2007, the Commission found Ms. Rivera guilty of two counts of N.J.S.A. 45: 15-17(e) for failing to disclose a New York grand larceny conviction on her 2002 salesperson’s application and her 2007 broker’s application and one count of N.J.S.A. 45: 15-17(h).  She was ordered to pay a $1,500 fine.

November

John Swartz, salesperson, Gloucester County – On November 13, 2007, the Commission found Mr. Swartz guilty of a violation of N.J.S.A. 45:15-19.1, N.J.S.A. 45:15-17(l), N.J.S.A. 45:15-17(h), and N.J.S.A. 45:15-17(e), in that the conduct underlying his bankruptcy fraud conviction demonstrated unworthiness, bad faith, and dishonesty. Based upon those violations, the Commission revoked his salesperson’s license for a period of six months and affirmed the initial denial of his application for licensure as a broker. 

October

Michael Maurio, former salesperson, Mercer County – On October 30, 2007, the Commission found that Mr. Maurio violated N.J.S.A. 45:15-19.1, N.J.S.A. 45:15-17(l) and N.J.S.A. 45:15-17(e) based  upon a 2005 tax evasion and mail fraud conviction. Mr. Maurio’s salesperson’s license was revoked for a period of five years retroactive to the date of his conviction of September 21, 2005. He will not be eligible for licensure until September 21, 2010.

H. Donald Stewart, Sr., broker, Gloucester County – On October 30, 2007, the Commission found Mr. Stewart guilty of violations of N.J.S.A. 45:15-17(o) and N.J.A.C. 11:5-5.1(a) and (c), N.J.S.A. 45:15-17(e), N.J.A.C. 11:5-6.4(a), N.J.A.C. 11:5-4.2 and 11:5-5.4 (a) (b) & (c). Based on those violations, Mr. Stewart’s broker’s license was revoked for a period of two years, effective April 1, 2008, and he was fined $2,000. He will be eligible for licensure as a salesperson subsequent to the effective date of the revocation as a broker. 

Leslie Barney, broker-salesperson, Bergen County and American Heritage Realty, licensed broker – On October 23, 2007, the Commission approved a settlement whereby Mr. Barney admitted to a violation of N.J.A.C. 11:5-4.1(g) for failing to pay a salesperson within 30 days of a court judgment. Mr. Barney was required to pay a fine of $2,000 by December 1, 2007, as well as the amount owed in the judgment.

Harry D. Stewart, Jr., broker-salesperson, Gloucester County – On August 21, 2007, after finding that prima facie evidence existed that Mr. Stewart may have violated N.J.S.A. 45:15-17(o) and N.J.A.C. 11:5-5.1(a), the Commission temporarily suspended Mr. Stewart’s broker-salesperson’s license pending a plenary hearing. On October 16, 2007, the Commission approved a settlement wherein Mr. Stewart admitted to violations of N.J.S.A. 45:15-17(o); N.J.A.C. 11:5-5.1(a) and (c); N.J.S.A. 45:15-17(e); N.J.A.C. 11:5-6.4(a) and N.J.S.A. 45:15-17(l). Mr. Stewart agreed to the 10 year revocation of his license as well as the payment of a $10,000 fine.

Todd Sayland, salesperson, Atlantic County – On October 16, 2007, the Commission found Mr. Sayland guilty of violations of N.J.S.A. 45:15-17(e) for his failure to collect deposit monies and his failure to notify his supervisor of a real estate transaction; N.J.S.A. 45:15-17(e) and N.J.A.C. 11:5-6.9(b) for his failure to obtain a separately signed consent to disclosed dual agency and two violations of N.J.A.C. 11:5-6.4 for not properly protecting the interests of his clients in miscalculating the total amount due on a contract he prepared and failing to collect the deposit money and notify his clients that the deposit had not been collected. The Commission also found him guilty of two violations of N.J.S.A. 45:15-17(a) because he told his clients that the deposit money had been collected and the buyer had obtained a mortgage commitment, when in fact there was not. His license was revoked for a period of five years and a fine of $5,000 was imposed.

Donna Brunner, broker-salesperson and Joanne Cavalier, broker, Cape May County – On October 2, 2007, the Commission found that Ms. Brunner and Ms. Cavalier violated N.J.S.A. 45:15-17(e) by failing to ensure that dates were entered on a contract of sale and amendments. The Commission issued a reprimand.

September

Jody Clancy, salesperson, Camden County – On September 25, 2007, the Commission approved a settlement in which Ms. Clancy admitted that she secured two separate listings for the sale of real property on behalf of a broker prior to the transfer of her real estate salesperson license from another broker, in violation of N.J.A.C. 11:5-3.11(c). Ms. Clancy agreed to pay a $5,000 fine. 

Leonardo Garzon, salesperson, Union County – On September 25, 2007, the Commission found Mr. Garzon guilty of a violation of N.J.S.A. 45:15-12.8 in that he failed to immediately deliver trust funds to his broker for deposit, and guilty of violations of N.J.S.A. 45:15-1 and N.J.S.A. 45:15-17e by engaging in real estate activity on behalf of Remax 2000 on or about October 12 when he was not properly licensed with Remax 2000. He was also found guilty of a violation of N.J.A.C. 11:5-6.4 and N.J.S.A. 45:15-17(a) and (e). Based on the violations, Mr. Garzon’s license was suspended for the balance of the license term, i.e., until June 30, 2009, and he was fined $1,000.

Justin Park, salesperson, Bergen County – On September 11, 2007, the Commission found Justin Park guilty of violations of N.J.S.A. 45:15-17(d), N.J.S.A.. 45:15-17(o), N.J.S.A. 45:15-17(e), N.J.S.A. 45:15-17(l), N.J.S.A. 45:15-17(m) and N.J.S.A. 45:15-16 as well as N.J.A.C. 11:5-6.4(a) and N.J.A.C. 11:5-5.1(c). Mr. Park had collected a commission for a rental transaction and failed to turn it over to his broker. Mr. Park’s license was revoked for a period of two years and he was fined $2,500.

July

Ana Carmona, formerly licensed real estate salesperson, broker, Middlesex County – On July 31, 2007, after a hearing in mitigation, the Commission found Ana Carmona guilty of violations of N.J.S.A. 45:15-19.1, N.J.S.A. 45:15-17(l), and N.J.S.A. 45:15-17(e) based upon an insurance fraud conviction. Ms. Carmona’s license was revoked until June 20, 2011.

Christina Congleton, salesperson, Cape May County – On July 31, 2007, after a hearing in mitigation, the Commission found Christina Congleton guilty of a violation of N.J.S.A. 45:15-17(e) in that she engaged in conduct demonstrating unworthiness and dishonesty and N.J.S.A. 45:15-17(s) in that she failed to notify the Commission within 30 days of the August 20, 2004 criminal indictment against her. The Commission determined that Ms. Congleton’s conduct demonstrates that she does not possess good moral character as required by N.J.S.A. 45:15-9.  Her license was revoked for a period of two years.

Margaret Guber Nulty, broker-salesperson, Camden County – On July 31, 2007, the Commission approved a settlement in which the Respondent agreed to a violation of N.J.A.C. 11:5-4.4(a) in failing to supervise the advertising activities of a salesperson in her office and agreed to a $750 fine.

Ira Bloom, salesperson, Essex County – On July 17, 2007, after a hearing in mitigation, Mr. Bloom was found guilty of a violation of N.J.S.A. 45:15-19.1 and his license was revoked for a period of one year and afterwards his license will be held on a probationary basis to run concurrently with his criminal probation. Mr. Bloom's conviction established that he has engaged in conduct demonstrating fraud and dishonest dealing, in violation of N.J.S.A. 45:15-17(l) and unworthiness in violation of N.J.S.A. 45:15-17(e).

Nicholas Tselepis, broker, Passaic County – On July 17, 2007, a memorandum of settlement was entered into in under which the Respondent admitted to a violation of N.J.A.C. 11:5-6.1(m) by placing an advertisement which can be interpreted to require the consumer to enter into a sale, listing or other real estate contract as a condition of the promotion or offer. Mr. Tselepis agreed to pay a fine in the amount of $1,000.

Christine Caggiano, broker, Ocean County – On July 17, 2007, a memorandum of settlement was entered into, under the terms of which Ms. Caggiano admitted to violations of N.J.S.A. 45:15-17(e), N.J.A.C. 11:5-3.11, N.J.S.A. 45:15-17(k), and N.J.S.A. 45:15-17(d). Ms. Caggiano failed to submit the license transfer application paperwork and renewal applications to the Commission for two licensees in a timely manner. She agreed to pay a $10,000 fine, complete 60 hours of broker's education coursework and her broker's license will be held on a probationary basis for a period of six months.

June

Stuart Cohen, salesperson, Cape May County – On June 26, 2007, after a full hearing, the Commission found Mr. Cohen guilty of a violation of N.J.A.C. 11:5-6.4(f)(3) and N.J.A.C. 11:5-6.9(g)(3) and N.J.S.A. 45:15-17(e). A $500 fine was assessed.

Khalid Mohtady, broker, and Kokila Parikh, broker-salesperson, Middlesex County – After a full hearing, on June 12, 2007, the Commission found Mr. Mohtady guilty of a violation of N.J.A.C 11:5-4.2 for failing to supervise the activities of Ms. Parikh and ordered a fine of $5,000. Ms. Parikh was fined $5,000 and was required to take and successfully complete a thirty hour ethics course. Ms. Parikh was found guilty of a violation of N.J.A.C. 11:5-6.4(a) in that she failed to protect and promote the interests of her clients and placed her own interest above that of the seller by making an entry on a contract of sale that the seller would not entertain any other offers until the end of the attorney review period.

Leslie Boston, salesperson, Hudson County – On June 12, 2007, the Commission approved a settlement in which Ms. Boston agreed to a violation of N.J.S.A. 45:15-17(e), N.J.S.A. 45:15-17(m), N.J.S.A. 45:15-17(k), N.J.A.C. 11:5-6.2(g), N.J.A.C. 11:5-6.9 and N.J.S.A. 11:5-6.4. She agreed to pay a $500 penalty, a license revocation of a period of three months and is required to retake the salesperson's pre-licensure education course prior to relicensure. Ms. Boston prepared a contract of sale and collected a broker's fee without the knowledge of her employing broker.

David Scalera, broker, Union County – On June 5, 2007, the Commission approved a settlement in which the Respondent admitted to a violation of N.J.A.C. 11:5-4.1 and N.J.A.C. 11:5-5.5 and agreed to pay a $500 fine for failing to have a signed written employment agreement with a salesperson in his office.

May

Richard Booth, broker-salesperson, Camden County – On May 22, 2007, the Commission approved a settlement in which the Respondent admitted to a violation of N.J.A.C. 11:5-4.2(1) failure to supervise the activities of a salesperson, N.J.A.C. 11:5-5.1 failure to deposit escrow monies promptly, N.J.A.C. 11:5-5.4 failure to perform a reconciliation of the escrow account, and N.J.A.C. 11:5-6.4 for failing to timely inform the parties that an escrow check was returned for insufficient funds.

April

Hyun Pak, broker, Monmouth County – On April 17, 2007, the Commission revoked Mr. Pak’s broker’s license and imposed a $5000 fine. Mr. Pak was found guilty of two violations of N.J.S.A. 45:15-17(e) for failing to cooperate with the Commission in the performance of its duties in failing to comply with a subpoena issued by the Commission compelling the production of documents in the course of an investigation and threatening conduct towards a Commission investigator. The Commission also ordered that all office signage for Green Point Realty be removed and Mr. Pak must cease and desist from representing himself as a real estate broker.

Jacqueline Thompson, salesperson, Camden County – On April 3, 2007, the Commission found Ms. Thompson guilty of a violation of N.J.S.A. 45:15-17(d), by failing to account for or to pay over monies belonging to others coming into her possession as a real estate licensee, N.J.S.A. 45:15-1, unlicensed activity, N.J.S.A. 45:15-17(e) (incompetency), and N.J.S.A. 45:15-16 because she accepted valuable compensation from someone other than her employing broker. Ms. Thompson, while licensed as a real salesperson, was also a principal in J&N Investment Co. and accepted funds from a consumer for the purpose of assisting him in obtaining investment properties. The funds were returned after the Real Estate Commission investigation. The Commission revoked Ms. Thompson’s license for a period of three months, imposed a fine of $500, ordered her to cease and desist from engaging in the real estate brokerage business through J&N Investment Co. and required Ms. Thompson to re-take the salesperson’s education course.

March

Michael T. Quinn, broker, Morris County – On March 27, 2007, the Commission approved a proposed settlement in which Michael Quinn agreed to a $1500 fine. Mr. Quinn admitted to violating N.J.S.A. 45:15-13 in that he failed to notify the Commission of his change of office address, N.J.A.C. 11:6.1(a)(2) in that he failed to display on the exterior of his maintained place of business his name and the words, “Licensed Real Estate Broker,” and N.J.A.C. 11:5-4.1 in that he failed to produce a signed employment agreement for a licensee who worked in his office.

Daniel Riggsbee, salesperson, Hudson County – On March 20, 2007, the Real Estate Commission revoked the salesperson’s license of Daniel Riggsbee for a period of 5 years and imposed a fine of $5,000. Mr. Riggsbee was found guilty of violating N.J.S.A. 45:15-17(d), N.J.S.A. 45:15-17(o), N.J.S.A. 45:15-17(e), N.J.S.A. 45:15-17(l), N.J.S.A. 45:15-17(m), N.J.A.C. 11:5-5.1 and N.J.S.A. 11:5-6.4. Mr. Riggsbee admitted that he did not turn over broker’s fee funds coming into his possession to his employing broker, Empire Realty Group. Instead, Mr. Riggsbee deposited the funds into his own personal account and spent the monies. The broker of Empire Realty Group has reimbursed the complaintants. Any reinstatement application with the Commission is contingent upon Mr. Riggsbee refunding his broker.

January

Michael Conenna, salesperson, Atlantic County – On Jan. 9, 2007, the Real Estate Commission revoked Michael Conenna’s real estate salesperson’s license until Oct. 8, 2009, and found Mr. Conenna guilty of N.J.S.A. 45:15-19.1, N.J.S.A. 45:15-17(e), unworthiness, dishonesty and bad faith, and N.J.S.A. 45:15-17(l), fraud and dishonest dealing. Any reapplication subsequent to that date will be subject to the Rehabilitated Convicted Offenders Act and any other applicable laws. On Oct. 8, 2004, Mr. Conenna pled guilty in federal court to various health care fraud, mail fraud and marriage fraud offenses. He was sentenced to three years probation and required to make restitution.