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Click on the blue box to read the full text of the plea agreement in the case of Jerald Teixeira.
This is the first criminal proceeding in a federal investigation into borrowing and investment activity at the now-defunct Crisp, Cole & Associates.
And if you missed it, read our full coverage...
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Comments [2] - Views [363]
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State's closing is detailed timeline focused on David Crisp/Jennifer Crisp's multiple purchase offers/loan applications to simultaneous lenders without required disclosure...
"He lied to the lenders," Rich tells the judge. The applications and use of straw buyer "scams" shows...
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Comments [11] - Views [376]
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Crisp called one witness, a housepainter, who says he painted room for the Grimshaw house and saw Crisp's family living there before they moved to New Quay.
No questions from Cole's or state's attorney for housepainter.
DRE calls Crisp...Crisp appeals to judge for help. Doesn't know if he has...
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Comments [6] - Views [326]
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Crisp to Cole:
Has the media been hard on you?
Cole: Yes.
(They go into the job he got in Camarillo...media made multiple calls...they promised my broker they would be there with cameras and recorders [etc] the next day...]
By then the brokers had Googled Cole, Cole says, and he...
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Comments [4] - Views [249]
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Crisp is now cross examining Cole...He has improved questioning tecnnique but it is still not always clear where line of questions is going.
I think: he is trying to show how charitable and thoughtful Crisp & Cole was.
He had Cole list off the things they sponsored: Lung Association and...
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Comments [0] - Views [175]
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OK, wow, the DRE's Michael B. Rich began the cross exam of Cole about 45 minutes ago...l can't scribble fast enough.
In brief, he has knocked down (on paper) the theory Jack Doremus was in charge of Crisp & Cole Real Estate as designated broker with submitted documents:
Cole was designated...
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Comments [13] - Views [321]
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Mid morning update:
Kottcamp is now taking Cole through various files that have been entered as evidence.
In some, but not all, cases Cole has said: That is definitely not my signature.
Sometimes he isn't sure, but has said some appear to be his and he's not sure of others.
Another file, the...
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Comments [7] - Views [256]
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Good morning- it's Tuesday, must be basement in the Masonic Temple.
Carl Cole is on the stand testifying under direct from his attorney, Glenn Kottcamp.
So far he is going over employment history...nothing new (I"ll fill in details later).
If this is going anywhere, it might be to put...
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Comments [3] - Views [236]
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Luke Martin of the Department of Real Estate is testifying again. We heard from him before lunch, and he shared how when he interviewed David Crisp in 2005, Crisp brought several magazine articles that detailed Crisp and Cole's success — the airplanes, the designer clothes, the fancy cars....
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Comments [2] - Views [330]
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During questioning by David Crisp, Joe Carrillo, a senior deputy commissioner with the state's Department of Real Estate, said appraiser Gary Crabtree asked the department to investigate Crisp & Cole's dealings.
Carrillo interviewed the principals in this case, all except David Crisp. They...
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Comments [8] - Views [296]
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Good morning. Ron Guzman of Metro Cities Mortgage in Sherman Oaks is testifying about a property Carl Cole purchased in 2005 at 9619 Marseilles Avenue.
Cole indicated on loan paperwork that this was going to be his primary residence. He bought it for $1,528,000 from Alan and Marisa Cornejo....
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Comments [0] - Views [217]
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David Crisp and Carl Cole, the image-makers of Bakersfield’s bygone real estate boom, ended the year deep in a quagmire of home loan defaults, allegations of deceptive borrowing practices, civil lawsuits and an ongoing FBI investigation.
Although Cole, 60, left the now-defunct Crisp...
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Comments [0] - Views [188]
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The main house and former primary residence of David Crisp was auctioned off today at 11:20 AM on the steps of City Hall, this Monday, December 3rd. The 6,666-square-foot, four-bedroom, 4.5-bath home at 10509 Newquay Court sits behind gates on nearly three-quarters of an acre of manicured lawn....
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Comments [6] - Views [802]
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We have the former primary residence of David Crisp scheduled to be on our Caravan. The Bakersfield Association of Realtors has been having a Caravan where we view up to 15 available homes, each Thursday we focus on a different area. On November 1st we will be in SouthWest Bakersfield, West of...
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Comments [3] - Views [726]
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Saw this on the 11:00 news, and it is also online at www.bakersfield.com
Crisp & Cole
I posted something here in my blog on Friday, about the appraiser who did a lot of inflated appraisals for C&C. 20 minutes later I got a call from Vanessa Gregory. I admitted that it was only rumors I...
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Comments [3] - Views [283]
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Once-prominent real estate salesman David Crisp last week received two new default notices on the Stockdale Highway offices he bought in April and was named in a lawsuit demanding repayment of more than $160,000.
The Stockdale offices are the latest addition to a growing list of delinquent...
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Comments [15] - Views [488]
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Crisp & Cole Real Estate has a new name — Crisp Real Estate Inc. The company headed by David Crisp has also cut back on staffing and plans for new office space. According to sources close to the company, Crisp is also doing away with Tower Lending. What do you think...
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Comments [40] - Views [2641]
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