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Illinois Appraiser Agrees to Revocation of License

Wednesday, May 11 2005 08:52
Wiese Enters Into Consent Order with Department

Dennis M. Wiese Jr., Belleville, Illinois, entered into a consent order with the Illinois Department of Financial and Professional Regulation whereby he agreed to a 10 year revocation of his real estate appraiser license. The Department of Financial and Professional Regulation had filed a complaint against Wiese alleging 10 allegedly inaccurate appraisals, performed in 2001 and 2002. The complaint included allegations that Wiese failed to document disrepair in some of the homes which were located in Decatur and Belleville, Illinois.

According to the consent order, Wiese had a four-year business relationship with Gary Knox, 59, Decatur, Illinois. During that time, it was alleged that Knox would order appraisals from Wiese, providing him with information about the condition of the properties and information about the sales of what he said were comparable properties.

In a separate complaint, the Department of Financial and Profession Regulation has alleged that Knox acted as a real estate agent without a license. Knox served prison time in the mid-1990s for federal mail and bank fraud. As part of the consent order, Wiese will cooperate in the investigation of the complaint against Knox.

Knox is scheduled for a civil hearing on the complaint on May 17, 2005 before an administrative law judge to determine whether disciplinary action (a fine) is warranted

1 Comment

  • Comment Link Mr Phong Dinh Tran Thursday, March 13 2008 20:47 posted by Mr Phong Dinh Tran

    Mr Tran was a professional Fraudulent. Who always made several FALSE documents INCOME tax for people who got a good credit and low income. He made up- hyper and forged to submit to Bankers. He was an agent for HSBC credit card and ATM. He made up several loans that people worked for his company and hyper their income. He got a system people at Banks such as Brokers, Loan officers, Appraisers, Tittle work people.
    At closing time, Mr Tran used the third party to get money back from Tittle work
    He was not allow any Invertors know. One day my friend found down it.
    Mr Tran always in the Deed of any house, and any investors were in the LOANS. After he bought the houses then he forged to rent it and got money to his pocket. Later the Banks got the houses and he just talked to investors that sorry you invested to a wrong time....we had to pay money down, make payments and pay insurances and taxes...but it was not work because too much money
    ..please keep an eyes in this company
    Mr Tran openned his own company name R and K Real Estate Investment, Inc and used his credit card agent to make FALSE documents income taxes to DEFRAUDED the LENDERS

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Rachel Dollar Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
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