Dennis Wiese, 36, is scheduled to appear for a public hearing on October 19, in Chicago, Illinois, on a complaint filed against him by the state Division of Banks and Real Estate of the Department of Financial and Professional Regulation.
A ten count complaint filed against Weise by the state Department of Financial and Professional Regulation in April accuses Wiese of violating professional standards by providing erroneous appraisals on at least eight homes sold by Gary Knox, 57, a businessman from Decatur, Illinois and of violating ethical standards by failing to disclose his financial ties to Knox, on the appraisal reports.
A separate complaint filed by the department in April accuses Knox of acting as an unlicensed agent between the buyers and sellers of the same eight properties in Decatur Illinois. According to the Bellevue News-Democrat, Knox served time in federal prison for bank and mail fraud charges a decade ago.


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.