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Thursday, September 19, 2024

Detroit woman sentenced for unlicensed real estate and accounting operations

State AG
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Attorney General Dana Nessel | Official website

Krystal Davis, 37, of Detroit, was sentenced to two years' probation by Judge Bradley L. Cobb in the Third Circuit Court in Wayne County for operating as an unlicensed real estate agent and accountant. The announcement was made by Michigan Attorney General Dana Nessel. In June, Davis pled no contest to one count of Accounting Violations-Unlicensed CPA and two counts of Occupational Code-Unlicensed Real Estate Agent.

“There is a reason we have licensing requirements for real estate agents, accountants, and other occupational professions,” Nessel said. “People need to trust those they hire to sell their home, provide property management services, or handle their finances. My department will continue to hold those who attempt to evade licensing and regulatory requirements accountable to protect the financial pockets of Michiganders.”

Davis operated under the business name Card Property Management, LLC. She entered into a contract with the owner of two residential properties in Detroit to provide property management services including determining rental rates, marketing the properties, selecting tenants, collecting rent, and handling evictions. However, she was not licensed in Michigan as required by law for such services. Card Property Management, LLC was an assumed name of Card Enterprises, LLC which also lacked proper licensing.

Additionally, Davis falsely claimed to be a Certified Public Accountant (CPA) while soliciting business via electronic communication for tax preparation services. She did not hold a CPA license in Michigan.

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