STATE OF FLORIDA Op Ang DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION “ebigedlly oe FLORIDA REAL ESTATE COMMISSION ‘A Ayns ‘Typ ay FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, (o 7 Petitioner, O 5 0 ? vs. FDBPR Case N° = 2003091746 2003091747 VICTOR AZRIA AND PLANET REALTY CORP., Respondents. / ADMINISTRATIVE COMPLAINT State of Florida, Department of Business and Professional Regulation, Division of Real Estate (“Petitioner”) files this Administrative Complaint against Victor Azria and Planet Realty Corp. (“Respondents”) and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, in particular Section 20.165 and Chapters 120, 455 and 475, of the Florida Statutes and the tules promulgated pursuant thereto. 2. Respondent Victor Azria is and was at all times material hereto a licensed Florida real estate broker, issued license number 3010513 and 3006540 in accordance with Chapter 475 of the Florida Statutes. The last license issued was as a broker with Planet Realty Corp., 3010 Collins Avenue #101, Miami Beach, Florida 33140 and with Barclays International Properties Inc., 1221 FDBPR v. Victor Azria Case No. 2003091746 Administrative Complaint Brickell Avenue 9" Floor, Miami, Florida 33131. 3. Respondent Planet Realty Corp. is and was at all times material hereto a corporation registered as a Florida real estate broker having been issued license number 215936 in accordance with Chapter 475 of the Florida Statutes. The last license issued was at the address of 3010 Collins Avenue #110, Miami Beach, Florida 33139. 4. At all times material hereto, Respondent Victor Azria was licensed and operating as qualifying broker and officer of Respondent Planet Realty Corp. 5. On or about April 22, 2003 American Leisure Resort, Inc, (Buyer/Assignee), represented by Leon Cohen (President) and AZ3, Inc., d/b/a BCBG Max Azria (Assignor) entered into an Assignment of Option to Purchase, on a property located at 16601 NW 8" Street, Miami, Florida 33169. (Subject Property). A copy of the assignment is attached hereto and incorporated herein as Exhibit 1. 6. At all times material, Buyer/Assignee agreed to pay, owner of Subject Property, the amount of $7,400,000, and to Assignor the sum of $600,000. 7. At all times material, Buyer/Assignee had a contractual obligation to obtain financing in the form of a commitment letter on or before May 30, 2003 for $5,000,000. 8. At all times material, closing was scheduled for June 30, 2003. 9. Respondents received from Buyer/Assignee a surety deposit for $400,000. A copy of the deposit is attached hereto and incorporated herein as Exhibit 2. FDBPR v. Victor Azria Case No. 2003091746 Administrative Complaint 10. At all times material the closing to purchase property failed. 11. On or about June 5, 2003, Max Azria granted written authorization to Respondent to return the surety deposit to buyer. A copy of the authorization is attached hereto and incorporated herein as Exhibit 3. 12. On or about June 5, 2003, Respondents’ remitted to Buyer/Assignee a check for $200,000 as partial refund for surety deposit. A copy of the agreement is attached hereto and incorporated herein as Exhibit 4. 13. Respondent agreed to pay Buyer the balance of $200,000 on the date of closing or not latter than July 30, 2003. 14. At all times material, Respondents failed to deliver to Buyer/Assignee the full amount of surety Deposit. A copy of correspondence is attached hereto and incorporated herein as Exhibit 5. 15. Respondent claims that Buyer/Assignee authorized the use of $200,000 of the surety deposit. 16. On or about January 5, 2004, Petitioner’s investigator, Tibizay Morales, conducted an audit of Respondents’ operations. 17. At all times material for the year 2003, Respondents’ failed to cause to be made, monthly reconciliation statements of escrow accounts. 18. Respondents failed to make available to Petitioner’s investigator, records and FDBPR v. Victor Azria Case No. 2003091746 Administrative Complaint documents. 19. Respondent used escrows find to pay business-related expenses, in violation and breach of license law. Copies of the documents are attached hereto and incorporated herein as Exhibit 6, 7, and 8. COUNT I Based upon the foregoing, Respondent Victor Azria is guilty of breach of trust in any business transaction in violation of Section 475.25(1)(b), Florida Statutes. COUNT IE Based upon the foregoing, Respondent Victor Azria is guilty of failure to account or deliver’ funds in violation of Section 475.25(1)(d)1., Florida Statutes. COUNT II Based upon the foregoing, Respondent Victor Azria is guilty of failure to comply with the advance fee accounting and reporting procedures in violation of Florida Administrative Code Rule 61J2-10.029 and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. COUNT IV Based upon the foregoing, Respondent Victor Azria is guilty of failure to preserve and make available to the Petitioner, all books, records, and supporting documents and failed to keep an accurate account of all trust fund transactions in violation of Rule 61J2-14.012(1) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e), the Florida Statutes. FDBPR v. Victor Azria Case No. 2003091746 Administrative Complaint COUNT V Based upon the foregoing, Respondent Victor Azria is guilty of failure to provide written notification to the Commission within fifteen business days of the last party’s demand and failure to institute one of the settlement procedures as set forth in Section 475.25(1)(d)1., Florida Statutes, within thirty business days after the last demand in violation of Rule 61J2-10.032(1)(a) of the Florida Administrative Code and, therefore, in violation of Section 475 .25(1)(e), Florida Statutes. COUNT VI Based upon the foregoing, Respondent Planet Realty Corp. is guilty of breach of trust in any business transaction in violation of Section 475.25(1)(b), Florida Statutes. COUNT VII Based upon the foregoing, Respondent Planet Realty Corp. is guilty of failure to account or deliver funds in violation of Section 475.25(1)(d)1., Florida Statutes. COUNT VII Based upon the foregoing, Respondent Planet Realty Corp. is guilty of failure to comply with the advance fee accounting and reporting procedures in violation of Florida Administrative Code Rule 6132-10.029 and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. COUNT Ix Based upon the foregoing, Respondent Planet Realty Corp. is guilty of failure to preserve and make available to the Petitioner, all books, records, and supporting documents and failed to keep an FDBPR Vv. Victor Azria Case No. 2003091746 Administrative Complaint accurate account of all trust fund transactions in violation of Rule 61J2-14.012(1) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e), the Florida Statutes. COUNT X Based upon the foregoing, Respondent Planet Realty Corp. is guilty of failure to provide written notification to the Commission within fifteen business days of the last party’s demand and failure to institute one of the settlement procedures as set forth in Section 475.25(1)(d)1., Florida Statutes, within thirty business days after the last demand in violation of Rule 61J2-10.032(1)(a) of the Florida Administrative Code and, therefore, in violation of Section 475 .25(1)(e), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Commission, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license or registration or permit; suspension of the license, registration or permit for a period not to exceed ten (10) years, imposition of an administrative fine of up to $1,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant or permitee to complete and pass additional real estate education courses; publication; or any combination of the foregoing which may apply. See Section 475.25(1), Florida Statutes and Florida Administrative Code Rule 61J2-24.001. The penalties which may be imposed for FDBPR v. Victor Azria Case No, 2003091746 Administrative Complaint violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or permit; suspension of the license, registration, or permit for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or permitee to complete and pass additional real estate education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist order; or any combination of the foregoing which may apply. See Section 455.227, Florida Statutes and Florida Administrative Code Rule 61J2-24.001. SIGNED this 23 day of Jul y , 2004, Department of Business and Professional Regulation By: Director, Division of Real Estate FDBPR v. Victor Azria ; Case No. 2003091746 Administrative Complaint ATTORNEY FOR PETITIONER A. Santana, Senior Attomey Florida Bar N° 0318360 Division of Real Estate Department of Business and Professional Regulation, Legal Section - Suite N 801 Hurston Bldg. North Tower 400 West Robinson Street Orlando, Florida 32801-1757 (407) 481-5632 (407) 317-7260 FAX AS/k PCP: MV/ATR 7/04 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the Florida Statutes, is not available for administrative disputes involving this type of agency action. PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time proscribed, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Commission a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. “ eee ne rina : re wes wey a : Lo FROM : Pamasonic FAX SYSTEM 4 - PHONE NO, + , {) Apres 22 2203 44:35PM po Se . .. ASSIGNMENT OF OPTION TO PURCHASE THIS ASSIGNMENT of Option to Purckaée (the “Agreement”) ig made and. entered into thlg - 21st day of April, 2003 by AMERICAN LEISURB RESORT, INC,, a Florida corporation, Leon COHEN, President, i, Florida, and/or any assignee (hereinafter referred to ay “Assignea”), and AZ3, INC., doing! business as BCBG MAS AZRIA, a California corporation, Max Agria, Chairman, and/or any assignee, (hereafter referred to as “Assignor"). Frora tine to time herein, the Assignee arid Aasignor are referred to individually gs “Party” and vollectively as the “Parties”. The date upon which thi Agreement is acvepted by the Assignor shall be deemed and referred to . 48 the "Efective Date” lhereot . oe . . 7 - | WLINESSETH “WHEREAS, Assienor| is the Lessee of a portion of that certain ‘real Property located at 16601 NW. 8" Street, Miami, Florida 33169 which consists in a warehouse of approximately 146,000 " square fet on 7,8 acres ofland (hereinafter refbrred to as “The Property”), Assignor is Lessee of patt of the Property (approximately 126,000 square feet) and as such, patty of a certain Lease Agreement dated Deseo 9, 2000 (hereinafter referred to as “The Lease Agreement,” attached " hateto as “Exhibit A”), with the landlord, G.D. ROSS PROPERTIES INC. (hereinafter referred to as the “Current ex"), Pursuant to Parigraph 26,99 of the Lease Agreement, Currant Owner and sce em thet Assignor has the option to purchase the Property under the terms and condition contained therein. ; WHEREAS, Assignee Hesires to buy trom Ascignny atid Assignor has agreed to sell.to Assignee " its tight to purchase the perty, under the terms and conditions hereinafter set forth NOW THEREFORE, |in consideration of the mutual promises contained herein, the Partiag, intending to be legally bound hereby, agree as follows: . . 1, SALE: Assignor agrees to sell hia option to purahaga the Property to _> Assignee for thel purchase price hereinafter provided and under the terms and conditions set forth in this Agreement,’ - ; . i . , it THE CLOSING is defited as the date, time and place when Assignee shall close on. the purchase of the Property trom Curent Owner simultaneously with Astignes's purchase of Assipnor's to purchase the Property. ; % FURCHASE PRICE: The purchase price for the Property, to be paid by: Assignee to Current: Owner Bhall be the suth of Seven Million Four Hundred Thousand Dollars ADMINISTRATIVE COMPLAINT . . : EXHIBIT #_/ Page 1 of 3 PAGE | ~ oF | i Ure ee a : { . FROM + Pangsonie FAX SYSTEM f y : PHONE NO, } ) Apr. 22 2083 44:34PM ps Max Aveia. ' eitached hereto contingencies listed below in Paragraphs 3.2, 5,3, 3.4 and 3.5. 3.2 FINANCING CONTINGENCY: This Agteement is contingent upon Assignee . billboard as fully | : ‘ ‘38 AERTS RH ASE RB ERE eet the current tenant of the 126,000 soft. ($7,400,000) and to the Assignor the sum of Six Hundred ‘Thousand (8600,000) for Astignor's right to purchase the Property (the "Purchase Price"), to be paid as follows: 21 Goon Fara DEPOSIT: Upon execution of this Agreement, Assignee ‘shall deliver to Plarist Realty Escrow. Account, a check in the amount of Four Hundred Thousand Delis ($400,000) as a deposit, the receipt of which shall be acknowledged by the Escrow Ag . . . 2.2 CASH AR CLOSING: The Closing shall take place on or before June 30, 2003, ar which time, Agsiones shall pay to Current Owner Seven Million Four Hundred Thousand Dollars (97,40 000), of which the above-referenced deposit shall bs a Patt, and to Assignor Six Hundred Thousand Dollars ($600,000), in the form of a cashiers check proceeds by Cutrent Ovmer, in the amount apreed upon in the Lease Agreement dated December 9, 2000, between GT), Ross Properties, Ino, Landlord and AZ3, Inc, BORG. TERMS AND CONDITIONS OF SALP: 3.1 The terms and conditions of the sale of the Property by Assignee are those contained ia the Contract for Purchase and Sale between Assignor and Corrent Owner, as Exhibit "BY (hereinafter referred to as the "Contract"), except for obtaining a conventional loan in the amount of Five Million Dollarg (85,000,000) prior to May 30, 2003, Assignee muet apply for said loan within ten (10) days for the Effective Date of this Agreement. Should Assignes not obtain finsncing in the farm of a Commitment Letter on or before May 30, 2003, Agsienor and Assignee hereby aeree that the Exorow A be permitied to refiind the Deposit to Assignee, upon Assignee's request, | 34 That pottion of land containing the billboard becomes the Property of Future Owner signee) with afl cageinent, exclusively pertaining to control and access to said fled in the Contract, EXHIBIT [yf Page 266 3-— PAGE 1 BZ oor. Wy. ! i i ORS Ges ays s+ KCB a Ss page. 83/84 Ww IS . ° . q . FROM : Panasonis FAX SYSTEM Q PHONE Nd. : 3 Apr. 22 @GO3 1i:SSPM PA perthises hag a to vacate sald premises with a ninety (90) day notice from the future "owner (Assignee), ; . ; 4. CLOSING: The Closing shall take place at the offices of Assignor's atiomey, in parson, on or before June 30, 2003, . 8. ASSIGNOR EEPRESENTATION: Whenever this Apteement refers to the Current Owner or mandates the Current Owner to perform any act thereunder, it shall be deemed the obligation qf Assignor to cause said act to be performed by Current Owner, - . 6 AGREEMENE: 1 is agreed thet his Contract shall be BINDING UPON THE PARTIES the Closing, as defined in Paragraph 1.1, : IN WITNESS WHEREOF, tho Parties have executed this Agreement aa of the date wet forth below, a Signed sealed and delifered in the presence off ASSTIGNOR: © AZ3, INC, , doing business as BCBG MAX ATRIA Co 4 Witness fireta Hacer By: Date Vouf og Chief Executive Officer on RAINE COMPLAINT, EXHIBIT} #¢ PAGE DOF __ page 3 op3 ADMINISTRATIVE COMPLAINT. - EXHIBIT # PLE | OF _ | + | (43 16:45 3232775463 &Z3 LEGAL DEPT : PAGE w4ZsuZ BCBGMAXAZRIA. June 5, 2003 Victor Azria Planet Realty Corp. 2650 Biscayne Blvd. Miami, FL 33137 Re: 16801 NW 8" St, Miami, FL Dear Victor: | am disappointed that for the third time Mr. Cohen has decided to cancel the purchase of the above-referenced property, In any other circumstances, | would have exercised my right to keep the $400,000 deposit. Howaver, since Mr. Cohen is a friend of yours, you are putting me in a’situation whereby | cannot refuse your request to refund Mr. _ Cohen's deposit. ° . ; You are therefore authorized to return to Mr. Gohen the deposit in the manner in which you have agreed with him. ; Regards, ADMINISTRATIVE COMPLAINT. EXHIBIT 4 PAGE OF ve 2761 Fruitland Ave,, Verrion, CA. 90058 Telephone 323.277.51513 Facsimile 323.277.5458 SF EvVLNRIT | | MAR oD ) PLANET REALTY CORPORATION International Real Estate Investment and Management Member of International Real Estate Federation (@IABCD Established since 1978 AGREEMENT Miami June 5", 2003 Hand Delivered AMERICAN LEISURE RESORTS. INC. Attention : Mr. Leon COHEN Fisher Island, Florida. RE: Purchase of Warehouse: 16601 NW 8" Avenue. Miami Fla. Dear Mister Cohen, .. As agreed, and pursuant to your request, enclosed please find a check in the amount of $200,000.00, as a refund of deposit for the above referenced transaction. The balance of $ 200,000.00 shall be paid to you on the day of closing of the subject property, on 7 has He Vi taA-an Wis & Za- 25% Accepted and Agreed : Accepted and Agreed ; Planet Realty Corporation . . American Leisure Resorts, Inc. Victor Azria, Broker . Leon Cohen, President EXHIBIT # PAGE OF AOMINISTRAT VE COMPLAINT, | EXHIBIT D eo 2650 BiscAYNE BOULEVARD « MiAMi, FLoripa 33137 | A TEL: (305) 538-5580 © FAX: (305) 538-1157 « EMAIL: vitola8@aol.com AMERICAN LEISURE August 6, 2003 RESORTS Patrick Barthet The Barthet Firm 200 South Biscayne Blvd. Miami, FL 33131 Dear Patrick: Please find attached information regarding this new case against Victor Azria/Planet Realty Corporation. ‘The basis of our legal action is the fact that an escrow agent (vi ictor Azria) has illegally. misused escrow funds for personal use. As these documents will show you, a real-estate _ transaction (assignment of option to purchase) carried a good faith deposit contingency (clause 2.1), which required a deposit of $400,000.00 with the escrow agent (Planet Realty Escrow Accounts — copy of check attached). The escrow agent returned $200, 000.00 on June 5, 2003, but retained the other half, «which be agreed to pay no later than July 30, 2002. To date, the escrow funds have not been refunded. The real estate transaction never ' closed. Due to the highly fraudulent nature of this case, we are seeking the toughest possible legal recourse. a, "Looking forward to hearing from you. Sincerely, Leon Cohen Presid: LC/arb Attachments , ADMINISTRATIVE. COMPLAINT EXHIBIT C EXHIBIT 4 PAGE OF | 4 40306 Fisher Island Drive | Miami | Ft | 33109 |. Ph: 305.865.3412 | 305.695.8400 | Fax: 305.695.2800 pate ol-os- a ‘ame orsroken VIC To? Azen DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION Division of Real Estate = —s OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM NAME OF BROKER BROKER LICENSE # | | I | aie 3! o f lols BROKER LICENSE # | | i | 3/* j ror oT NAME OF BROKER —- NAME OF BROKER BROKER LICENSE # | | | | | BROKER LICENSE # ‘| | | | | | | PHONE NUMBER NAME OF BROKERAGE BROKERAGE. LICENSE # FlaveT Rearty, zutoee | 215936 B0S-S 39-5580 STREET ADDRESS city i COUNTY ; ZIP So BistAwe BLw,. Mirani . MayiDepe 2312 £b ve Yes wa REMARKS 7 OFFICE (RULE 61J2-10.022 & .023} REQUIRED OFFICE SIGN (RULE 61/2-10,024) vA AGENCY OR TRANSACTION BROKER DISCLOSURE Nes ver STaTes He bees vo Bie Mou TH REC MART VA (F.S.475.276 &.278) STATEMENT RECONCILIATIONS (RULE 61J2-14.012 STATED TS As Meese) 620 wl EYES SALES: TOTAL TRUST LIABILITY. RECON BANK BALANCE _ (SHORT/OVER) AMOUNT SECURITY DEPOSIT: TOTAL TRUST LIABILITY __ RECON BANK BALANCE Uraplé To EStTAatiah hiawility Adve Ao Cocorreltartic —|To be YWorded loy & — |Pdditionally Fonds 19 — ] ah Geil Liviqationg SEE Ooe (SHORT/OVER) AMOUNT RENTAL DISTRIBUTION: TOTAL TRUST LIABILITY RECON BANK BALANCE 4 New Addwens Doro Collins PYO (SHORT/OVER } AMOUNT Suite lol. JARKS: Bvover. Coles No Nok Gy Vo $2. Loewe Getion Ao lho ~lcrlhou imrwdiotely | eo) -pekows | . = - HEREBY CERTIFY THAT TO THE BEST oF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNT(S) AND MY RENTAL PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO TI ATTENTION THIS DATE AND THROUGHLY EXPLAINED, 1 WILL TAKE CORREC; SKETCHES AND DOCUMENTATION OF THE CORRECTIVE ACTION TAKEN. INVESTIGATOR . THE ABOVE VIOLATIONS WERE BROUGHT To MY E ACTION WITHIN DAYS AND PROVIDE DBPR WITH PHOTOS, of, Shy a WT-lUy | oilos bos. (SIGNATURE (DATE) t {COMPUTER ID #) (DATE) CITATION ISSUED YES NO #: COMPLAINT DOCKETED YES NO #: YES NO. NOTICE OF NON-COMPLIANCE Pursuant to s. 455.225 (3), F.S., the Commission sets forth rules which are considered minor violations for which the DBPR shall provide a licanses with a notice of noncompliance. A violation of a rule is considered minor violation if it does not result 1h economic or physical harm to a person or adversely affect the public health, safety, or welfare or create a significant threat of such harm. offensa of a minor violation. VIOLATION: CORRECTIVE ACTION: ADMINTSTRAT The notice of noncompliance shall oni be _fssued for_an Initial COMPLAINT. EXHIBIT # . WHITE COPY AMEE OFFIGE—YEELOW COPE ~LICENSEE—= EXHIBIT yf |(0__ pace AUNION PLANTERS BANK = — | 192 I Deallseel aeellMauds Teal fosessslbeabateals lualleels lel ne . : — 000005727 01 AT 292 : 0371006020 PLANET REALTY CORPORATION (ESCROW. ACCOUNT) ‘2435 FISHER ISLAND DR MIAMI BEACH FL 33109-0122 1124 CYCLE-108 SUMMARY FOR. UPSOLUTIONS MM # 0371006020 ; DEPOSITS AND OTHER CREDITS 12/05 10.00 UPBONUS PAK FFE ; 999209900017572 : 12/12 40.00 CYCLE SERVICE CHARGE , -06008000 1004656 11/13 ADMINISTRATIVE COWIPLAINT EXHIBIT +e ———___— PAGE los SFF REVERSE CINE CAD IMDADT ARI IicnonAATinas f@@ AXUNION PLANTERS BANK = —— “—_ 1250 NealDccallcssl tach talleasceallals lich Vslbaads lull 000005796 01 AT Q. 0371006020 PLANET REALTY CORPORATION (ESCROW ACCOUNT} 2435 FISHER ISLAND DR MIAM! BEACH FL 33109-0122 124 CYCLE- 108 SUMMARY FOR UPSOLUTIONS MM # 0371006020 in DEPOSITS AND OTHER CREDITS Cn 3 i /24 - 1,000. 00 DEPOSIT /13 ‘0,05 INTEREST PAYMENT 224 12: 1274958474 - 06006000 1004733 11/05 o 10. 00 UPBONUS PAK. FEE : : Lo 7 : 7 : 9990090001848 11/13 10,00. CYCLE SERVICE CHARGE : 06006000 1004734 DAILY BALANCE SUMMARY TING ae Le ADMINISTRATIVE COMPLAINT, EXHIBIT 4, PR ae ee nae [Ow SEE REVERSE CINE ENR IMPORTANT INENRMATIONI » [i A\UNION PLANTERS BANK =— | 482-- —— FasdRousPbesad MU ssoLedielfaasvaellastalactalesdbsalelraal ll oe —_— 000005839 01 AT 0.292- PLANET REALTY CORPORATION (ESCROW ACCOUNT) 2435 FISHER ISLAND DR oo MIAMI BEACH FL 33108-0122 | 0371006020 yet ios 70247 ay 10/03 ° 10.00 UPBONUS PAK FEE : : : * 2092099000 18705 10/16 10.00 CYCLE SERVICE CHARGE 06006000 100483: DAILY BALANCE SUMMARY i ia zi He ADMINISTRATIVE COMPLAINT EXHIBIT 4 CEE ROTM BIN PAR manminr ae mien eee AXUNION PLANTERS BANK =—— — | VeclDunHDarcel Mbasdsdel casclbaldiebdadledaboralll 000005938 01 °AT 0.292 PLANET REALTY CORPORATION (ESCROW ACCOUNT) . 2435 FISHER ISLAND DR ™ MIAMI BEACH FL 33109-0122 0371006020 CYCLE~108 SUMMARY FOR UPSOLUTIONS MM # 0371006020 ; : . 0 a oD UPBONUS PAK FEE , : ‘ : 2092009000 18914 10.00 CYCLE SERVICE CHARGE : _, 06006000 1004883 DAILY BALANCE SUMMARY ADMINISTRATIVE COMPLAINT EXHIBIT # PAGE Dg COC SOVEDCE CINT TAN ann AArr iiemNme nai pee ASUNION PLANTERS BANK —— —_ 996 Hood cnsIfovuallHasstsLosHasreslfeafalesledeaTlalalsraalll : 000005975 01 AT 0.292 PLANET REALTY CORPORATION “(ESCROW ACCOUNT) 2435 FISHER ISLAND DR MIAMI! BEACH FL 33109-0122 0371006020 124 CYCLE-108 SUIMMARY FOR UPSOLUTIONS IMM # 0371006020 209209900019 140 10.00 UPBONUS PAK FEE o . . 10.00° CYCLE SERVICE CHARGE 06006000 1004964 ee cea He ine a a anal ia 07/18 126, 17 ‘8/05 116.17 08/14 106.19 ADMINISTRATIVE COMPLAINT, EXHIBIT # . v nl nnn ke ASUNION PLANTERS BANK nn SS 1927 LeaDseaTbeasallllvsde Juallessssallsifalecabullatsbanlll — no — * 000006022 01 AT 0.292 0371006020 PLANET REALTY CORPORATION ~(ESCROW ACCOUNT) “2435 FISHER |! SLAND DR MIAMI BEACH FL 33109-0122 124 CYCLE-108 SUMMARY FOR UPSOLUTIONS MM .#..0371006020. 28, 818. 21 000. MEMO . 06/18 15.00 TRNOS0618-02223WIRE. FEE VICTOR AZRIA UPFL 1690266 2142 140000 10533 06/18 15.00 TRNO306 18-02243WIRE FEE VICTOR AZRIA UPFL 1690269 2142140000 10655 06/18 2,000.00 TRNO30618~02223WIREOUT VICTOR AZRIA UPFL 1690266 . 21421400001053 1 06/18 2,000.00 TRNO30618-02243WIREOUT VICTOR AZRIA UPFL 1690269 2142 140000 10653 06/25 6,000.00 DEBIT MEMO 224 124272395874 06/26 -, 2,000.00 DEBIT MEMO 224 1242725 13530 06/27 3,000.00 DEBIT MEMO : 224 124272561917 07/02 2,000.00 DEBIT MEMO 224.124272753207 07/03 10.00 UPBONUS PAK FEE 2092099000 19378 07/07 4,000.00 DEBIT MEMO . 224 124272979753 07/14 2,000.00 DEBIT MEMO 224124273659 196 07/16 10.00 CYCLE SERVICE CHARGE . ry 06006000 1005074 DAILY BALANCE SUMMARY 19,788.21 06/25 13, 788.21 07/02 . 07/03 6,778.21 06/26 11,788.21 : 07/07 2,778.21 3. 818.21 8,788.21 07/14 7HB.21 | ‘716.17 ADMINIS? EXHIBIT # PAGE ae __ TRATIVE COMP LAINT fee ~ AXUNION PLANTERS BANK PAGE. 3 PLANET REALTY CORPORATION 0371006020 —~«§" 928 : : Oo : ; ~ ° . PE ale — =e a = ar bi) *037/006020 Reet s 200000 senrmoiane . aatigosoze * 037/00602 20 600000 “Gy times At R ° - sv0000 esoemo.aee == OF 7INOGUZOe voonnsayeoor otns zaousoe esozreaize == O17 t0Gcganr fpoancoonasy 06/16/03 $5,000.00 06/25/03 $6,000.00 06/26/03 $2, 000.00 ‘Re Es = “2 7 ae Ra, 7 om 400006 GINOO20 : 200000 | ae 57/002 20 3 | Baso00 esnatoiane © 337.00G070" vbooonanansos emmaateke §— oa7ioocome yodontaoonos 06/27/03 $3,000.00 07/02/03 $2,000.00 07/07/03 $4,000.00: : #237/000020 mew imo — R@ AXUNION PLANTERS BANK) —— 81 LedDesallacusll leads VoalfucecendEacEeLactalseldaclulevsalll 000006286 01 AT ” 0.292 so 0371006020 PLANET REALTY CORPORATION (ESCROW ACCOUNT) 2435 FISHER iSLAND DR MIAMI BEACH FL 33109- 0122 4 CYCLE-108 SUMMARY FOR UPSOLUTIONS MM # 0371006020 . . . ue 8 04/23 ‘400,000.00 DEPOSI IT oo oo : 224.124276012863 05/14 "231.36 INTEREST PAYMENT 06006000 1005131 14/23 - 5,000.00 DEBIT MEMO : ; ~ "224 1247760 198094 14/28 5,000.00 DEBIT MEMO 224 124276290056 14/29 15.00 TRNO30429-O0535WIRE FEE MARCHALL INVE 2142 14000002658 14/29 25,000.00 TRNO30429-00535WIREQUT MARCHALL INVE ; 2142 14000002656 14/30 8,000.00 DEBIT MEMO . 224.124276458367 14/30 15.00 -TRNO30430-01618WIRE FEE KARIN AZRIA 214214000008 149 14/30 4,000.00 TRNO30430- ap BISNTREOUT KARIN AZRIA 214214000008 147 15/05 10.00 UPBONUS PAK FEE ' a 2092099000 19830 15/07 5,000.00 DEBIT MEMO : 224 1242770045 19 15/12 50.00 TRNO30512-02012WIRE FEE BANK OF NEW Y 2142140000 10 134 15/12 4,000.00 TRNO30512-020 12WIREQUT BANK OF NEW Y 214214000010 132 )5/ 14 10.00 CYCLE SERVICE CHARGE . 06006000 1005 132 , CHECKS PRESENTED FOR PAYMENT 15/09 1156 224 124277134070 | 971,002.50 . ~ PREVIOUS CHECK(S) NOT PRESENTED THIS STATEMENT PERIOD DAILY BALANCE SUMMARY . sc Ges 04/23 409,725.52 | 04/28 404, 725.52 0 29 05/07 362,685.52 | 05/09 sot 683. 02 | 05/ 12 EXHIB MT ae nD 14,725.52 4/15 367, 695, 52 15/05 367,685.52 05/74 267,854.38 GF PaaS Aor mmourmar aime enn man - ——-AUNION PLANTERS BANK. —— . PAGE 3 PLANET REALTY CORPORATION 0371008020 82 —_—— a See ce Ey Abnub he Cy +0371006020 &b rth s. ..Saonge esoemoizee = DaTIOORO Zoe * 0371006020 s * s00090 KOGKOOZIGNE eOaTIGORUAGY 4, voNLooOORANY vopensonenge GsoR moe = GAT IOOEAZG# yooodsonode 04/23/03 $400,000.00 04/23/03 $5,000.00 yrs gay earn aga i ee BeBe Mock seeais es aid basiheeonn Nee ‘ $54, 00822 *037/00£020 . «0371006020 h anal 0 h Faeroe eer , Booed Suaadd toe Sn Sad] Man hiris ne VER kesnztpieee © O37 AnoEDZOr vopngkoooone esozmatene — oa7inccoznw sonogsoncuse SORGOO2IGWH OSTAOOEDIOF 4466 ooORoZsoe 04/30/03 $8,000.00 05/07/03 $5,000.00 05/09/03 1156 $91,002.50 ADMINISTRA SiV& COMPLAINT EXHIBIT #27 PAGE 2? Ge ie AXUNION PLANTERS BANK - PAGE 3 PLANET REALTY CORPORATION 0371006020 ie = arr | nn o> B74 32048- BE- Smee * 0371006020 PE schecs ras 620000 wso2toraue "uaTinoRO zoe sae ELE bere) Bout Rast oe. *037/000020 akan ape wed oa 00000 - smo 00m at oe = oe eopanR wongy asurmoiane ‘BNTGGtOEe ynoginponngy espgO1ke — gaTCoED Ie eonodsenoooe 05/15/03 $6,200.00 05/15/03 $10,000.00 05/21/03 ~ $5,000.00 “hes or Rso77-Dsthe = DaTADOEDeOr +ouaosnoonue Aa 2 Oat 2871 oboe Goo00e Dee Ap be: a gsnrv-olae —navapoenzoe —_enuwusuuonoe asC27-0i26G — O3YioNLDzOr eouspeaoaaar 05/27/03 $5,000.00 05/28/03 "$5, 000. 00. 06/04/03 $6,000.00 PeaNET REALTY Y CORPORATION 4157 neta 20 ofits Eanes 2 i prute Rend slatted $ 20D, 2 Aicslent Lists sat ata —— conn SEE ae op vases i Bagh s "200008 stgiteniga —oyvinocaie eonozaonog ton fe = + GOBROOZIN KOSPIOOGO ZO” 4457 enozoomaonGr . 06/10/03 $2,000.00 06/06/03 .1157 $200,000.00 | ADMINISTRATIVE COMPLAINT EXHIBIT #077 tei | Is” PAGE . o~ oF _ Ee AAUNION PLANTERSBANK 02 fallalcad Miedbtlusodlddobballadsfedll , To —— Q00006384 01 AT 0.292 0371006020 PLANET REALTY CORPORATION {ESCROW ACCOUNT) a 2435 FISHER ISLAND DR’ “~ MIAMI BEACH FL 33109-0122 124 SUIMMARY FOR UPBUSS M MKT SELECT # 0371006020 02/27 7, 501. 26 . REV RIGHT OF OFFSET 2/18/03 . go 100 93900002 02/27 400/000'00 DEPOST : * 224124272244801 02/28 9,505.97 REV RIGHT OF OFFSET 11/7/02 ; . 0100 23 7000002 03/13 924,63 INTEREST PAYMENT 06006000 1005 147 OTHER DEBITS 12/ 18 7, S01, 26 . RIGHT OF OFFSET 9371005998 . 2332330000000 12 92/21 0.00 . DEBIT MEMO : “ot 224 12427 1880055 12/24 #8 00 TRNO30224-022 14WIRE FEE KARIN AZRIA : 2142 14000011100 12/24 15.00 TRNO30224-02233WIRE FEE VICTOR AZRIA » 21421400001 1215 12/24 15.00 1RNO30224~02246WIRE FEE VICTOR AZRIA 2142 14000011279 12/24 1,000.00 TRNO30224-02233WIREOUT VICTOR AZRIA 2142 14000011213 12/24 1,000.00 TRNO30224~02246WIREOUT VICTOR AZRIA ~ 2142 14000011277 12/24 4,000.00 TRNO30224-022 14WIREQUT KARIN AZRIA 2142 14000011098 13/03 50.00 TRNO30303-01482WIRE FEE MADAME ANNE M . 2142 14000007539 )3/03 3,000.00 TRNO30303-01482WIRFOUT ~-MADAME ANNE Mo 2.142 14000007537 13/04 15.00 TRNO30304-01533WIRE FEE WAMU: LOAN PAY . 2442 14000006846 13/04. 4,977.83 —TRNO30304-01533WIREQUT WAMU LOAN PAY. , 2142 14000006844 13/05 10.00 UPBONUS PAK FEE 209209900020338 13/07 15.00 TRNO30307-00829WIRE FEE VICTOR __UPF : 2.142 14000003872 13/07 15.00 TRNO30307-00934WIRE FEE VICTOR AZRIA : 2142 14000004421 13/07 1,000.00 TRNO30307~00829WIREOUT VICTOR __UPF 27142 14000003870 13/07 2,000.00 TRNO30307-00934WIREOUT VICTOR AZRIA 2142 14000004419 13/10 ~ 45.00 TRNO30310-01991WIRE FEE KARIN AZRIA 2142 140000 10206 13/10 4,000.00 Peioses 10" 0.199 iWIREQUT KARIN AZRIA 2142 14000010204 13/12 * 584.32 ACH MCI PREFFERED — VIRTUALPA NPC VPAY 08673615989 2662682666662 19 13/13 230.00 CYCLE SERVICE CHARGE : . 06006000 1005748 CHECKS PRESENTED FOR PAYMENT hii i a 2/13 1054 1,000.00 22412463320297 o2/19 Aga iSTRAB 5 80 COMP AN ores 3/18. 1055 410.07 904 124963424086 eeserr g = 4,000. :00—---——---~"-—-994 49496369 1317 2/18 1056 739.89 od |a4aes4a4087| 60/50 290009419497 1751 196 * ~ PREVIOUS CHECK(S) NOT PRESENTED THIS STATEMENT PERIOD PA us UF tt | f= AAUNION PLANTERS BANK) —— > PLANET REALTY CORPORATION 037 1006020 03° —— _ AH ; A = ~— - =—— i eons Stor os onthe Abin aes Bi : 2 : * Q37/ooL0 20 SESE RRR ate 81h 36008 cnenas “Tait : AOREDORME MORTADDEOZDY = ky PDO\OOOODOOe MSOROLeE — DATICORG EO oooonsanos 1057 Taner nusure conrowtnon LS norm ese e nan or a6 eeeeballey oS orth Sendeioneas”? | » EGS EH ps ontbnMetiat zone ™ f SRR Besic state sur Sse } oe pata = ™ y rian Carew . iy . = Frese SIG Ldn" * moat MN RI x4 — TESS hin aman me, De er a ee _ —— * ROGEOD LAA KOATANDGOROe gog5 ¢DO0pDs 200 te CLs 0471006020" 1055) ¥DODDa 735989" ROBGOOZIIAE FOATLOOGO20r ins7 /danoooa sane L_sosconzisus eaayioocozGr 4088 "nog snore f ten on een OSE {DOOD 1304 02/18/03 1055 $410.07 02/18/03, 1056 $739.89 02/19/03 1057 $85.00 PLAMWT REALTY CONPORATION FANON ASCOT pape 2088 | 288eo7417 os oafosMretierhsoaa =f. Fictehitier cern ion n sas tender Faery, 8 Zane f a]! PLANET REALTY COMAURATION . yey 2059 UM Serorcaner ‘ i . 4060 seer noo re SRE TAE TT ian “a Coy Seles 05. este mitre, iz RS os ecbrdrettdezais” $2 ico. PLANET MALTY COMPANATION 300 enema =, oy } «.. A7tbS877e os oazine ottiyzo19™ | DT ese Ph GesTOA 389 Fat Ot eait.00 N rox, + } CUGKODZLAE FOSMOOEDeOR OG) 12/21/03 1061 $961.00 Seed“ lla 1084 mana way coor .t Beales os osteaSaikethuase” I. aanesttrett aN Saueas © Sn eeiaiboe os acted ‘atdmazaaa™ wR v rs/pee BUSY NaiBAGIENEG 2990 2219 be OyO%epg a cst Chee, = Ore Ermsheage nina be pine Akl Ci lbame 00a ‘ : ae ans =e ea Reontnaeddsie in lah ff nne 2B lime 204saes Exton nex 1067 some Meine oe SeSEoes 08 catfosnEbes70an mode ere pouaesti= gly late pre ren Di eT tec vie SEE hw n_ aoe o foe ee re. = CORO BAGH eOA7IOUEOADe ieA . epenoozsooos | acm a REPEAT re PETE ROEROOZIGNE FOSTIOOBOZOr ined” yooonoGSszpy f f. a RS 2/28/03 1067 $300.00 02/28/03 1068 $230.00 03/10/03 1069 $59.20 oe | ADMINISTRATIVE GOMPLAINT. EXHIBIT Bb [I + PAGE OF re red ie AXUNION PLANTERS BANK =— 104 ~ wees - FeaDDocEdsascfd esadcdeafdoescHleatsboalefealfaladeselll 000007103 01 AT 0.292 0371006020 PLANET REALTY CORPORATION . (ESCROW ACCOUNT) 2435 FISHER ISLAND DR ad MIAMI BEACH FL 33109-0122 | 124 CYCLE- 108 SUMMARY FOR UPBUSS M MKT SELECT # 0371006020 - ° 90,694.06 09/14 INTEREST PAYHENT : : 06006000- 1008570 134.61 18/14 90,569.45 ADMINISTRATIVE COMPLAINT, EXHIBIT # _ . SAGE ., r TT SFF REVERSE SINF FOR IAPORTANT INENRMATINN

Docket for Case No: 06-003709

Issue Date	Proceedings
Nov. 01, 2006	Order Closing File. CASE CLOSED.
Oct. 31, 2006	Motion to Relinquish Jurisdiction filed.
Oct. 20, 2006	Substitution of Counsel (filed by E. Hickman).
Oct. 10, 2006	Order of Pre-hearing Instructions.
Oct. 10, 2006	Notice of Hearing (hearing set for November 16, 2006; 9:00 a.m.; Miami, FL).
Oct. 09, 2006	Unilateral Response to Initial Order filed.
Oct. 02, 2006	Initial Order.
Sep. 29, 2006	Administrative Complaint filed.
Sep. 29, 2006	Election of Rights filed.
Sep. 29, 2006	Agency referral filed.