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Settlement agent sentenced for misappropriating closing funds

Settlement agent sentenced for misappropriating closing funds
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Tammy Hamrin , Title Inc , Virginia Beach , Preferred Escrow , தலைப்பு இன்க் , வர்ஜீனியா கடற்கரை , ப்ரிஃபர்ட் எஸ்க்ரோ ,

Ex-president of escrow company pleads guilty to fraud


Hamrin misappropriated closing funds from the company’s escrow account by making seven unauthorized wire transfers to different parties at the request of a person Hamrin had an “online personal relationship” with, the release said.
The release said Hamrin put approximately $199,000 of her own money back into the the escrow account, leaving it with a shortage of $516,000. The shortage left 48 real estate closings with insufficient funds.
Hamrin is scheduled to be sentenced on July 26, the news release said. She faces a maximum penalty of 30 years in prison.
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United States , Virginia Beach , Tammy Hamrin , Us Attorney Office In Norfolk , Washington Times , Preferred Escrow , Law Crime , Entertainment Culture , ஒன்றுபட்டது மாநிலங்களில் , வர்ஜீனியா கடற்கரை , எங்களுக்கு வழக்கறிஞர் அலுவலகம் இல் நார்ஃபோக் , வாஷிங்டன் முறை , ப்ரிஃபர்ட் எஸ்க்ரோ , சட்டம் குற்றம் , பொழுதுபோக்கு கலாச்சாரம் ,

Virginia Beach-based settlement agent pleads guilty to misappropriating closing funds


Virginia Beach-based settlement agent pleads guilty to misappropriating closing funds
Published Tuesday, Mar. 16, 2021, 10:24 am
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Front Page » Local/State » Local2 » Virginia Beach-based settlement agent pleads guilty to misappropriating closing funds
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The former president of an escrow and title company pleaded guilty Monday to misappropriating $715,000 of closing funds in connection with 48 real estate transactions for which she served as the settlement agent.
According to court documents, Tammy Hamrin, formerly known as Tammy A. Cheek, 57, of Virginia Beach, was a licensed title and settlement agent and was the president, secretary, and treasurer of Preferred Escrow and Title Inc. ....

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