Real Estate Agent Arrested for Sale of Off-the-Market Units

by admin

Florida’s real estate community has been the victim of many fraudulent crimes, from those who pose as agents, to mortgage fraud criminals; now one of their own — a real estate agent, Barbara Lockett — has taken advantage of the system and been arrested after the sale of 22 condo units, half of which were actually foreclosed, and half of which were not on the market, according to Curbed.

The buyer, Kelly Choi, was instructed to wire funds into the “condo association’s account,” which was actually her own account.

Lockett was arrested by the Clearwater Police Department, landing in Pinellas County Jail and released with a bond of $100,000, said My Fox: Tampa Bay.

The 49-year-old agent was president of the Mission Hills Condominium Association, which housed the units she claimed were available for sale.

Investigators are seeking additional information, believing that there may have been other victims as well.

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