STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION IN RE: Administrative Proceeding Docket Number: LAZARUS FINANCIAL GROUP, INC., 63682 Respondent ADMINISTRATIVE COMPLAINT The State of Florida, Office of Financial Regulation, (“Office”) files this Administrative Complaint against Lazarus Financial Group, Inc. (“Respondent”), alleging: GENERAL ALLEGATIONS 1, Pursuant to sections 559.554 and 559.5541, Florida Statutes, the Office is charged with administering and enforcing the provision of Chapter 559 Part VI, Florida Statutes, and conducting examinations and investigations to determine whether any provision of Chapter 559 Part VI, Florida Statutes, has been violated, 2. At all times material, Respondent is or has been a Consumer Collection Agency licensee, having been issued license number CCA9902581. 3. Respondent’s current address of record is 14651 N. Dallas Parkway, Suite 104, Dallas TX 75254. Its President is Sherri McCann. 4. On October 16, 2014, Respondent received a written request from the Office for information concerning a consumer complaint. In Re: Lazarus Financial Group, Inc. Page 1 of 4 5. Pursuant to section 559.725(6), Florida Statutes, a registered consumer collection agency must provide a written response to the Office within 45 days after receipt of a written tequest from the Office for information concerning a consumer complaint. 6. Respondent failed to provide a written response to the Office until December 30, 2014, well after the 45-day deadline of November 30, 2014, in violation. of section 559.725(6), Florida Statutes. 7. Pursuant to section 559.725(6), Florida Statutes, the Office May impose a fine of up to $250 per day upon any registered consumer collection agency that fails to timely respond to a written request from the Office for information Conceming a consumer cornplaint. 8. Therefore, the Office is seeking a fine of $4,500.00. WHEREFORE, Respondent, Lazarus Financial Group, Inc. is hereby notified that the Office intends to enter an Order imposing an administrative fine of $4,500.00. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] In Re: Lazarus Financial Group, Inc. Page 2 of 4 NOTICE OF RIGHTS The licensee is entitled to be represented by counsel or other Qualified representative. The licensee also has the tight to request a hearing pursuant to sections 120.569 and 120.57, Florida Statutes. Such request must comply with rules 28-106.2015 and 28-106.104, Florida Administrative Code. An Election of Proceeding form is attached for your convenience, Any such request must be filed as follows: By Mail or Facsimile OR By Hand Delivery Agency Clerk Agency Clerk Office of Financial Regulation Office of Financial Regulation P.O, Box 8050 General Counsel’s Of fice Tallahassee, Florida 32314-8050 The Fletcher Building, Suite 118 Phone: (850) 410-9889 101 East Gaines Street Fax: (850) 410-9663 Tallahassee, Florida 32399-0379 Phone: (850) 410-9889 TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITHIN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED By THE OFFICE NO LATER THAN 5:00 P.M. ON THE TWENTY-FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE LICENSEE’S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE. You may not make an oral request for an administrative hearing. With regard to a written request, if you fail to follow the outlined procedure, your request may be dismissed, Any request for an administrative Proceeding received prior to the date of this notice is deemed abandoned and to be considered, must be timely renewed in compliance with the procedure set forth above. Mediation of this matter pursuant to section 120.573, Florida Statutes, is not available. In Re: Lazarus Financial Group, Inc. Page 3 of 4 DATED and SIGNED this | day of Faro a4 20 \ & DREW J. BREA Commissioner - Bar No. 0506877 400 W. Robinson St., $-225 Orlando, Florida 32801-1799 (407) 245-0601; fax (407) 245-0806 jennifer. lozano@flofr. com CERTIFICATE OF SERVICE ] HEREBY CERTIFY that a true and correct copy of the foregoing Administrative Complaint has been furnished by certified U.S. mail, Return Receipt Requested, to Lazarus Financial Group, Inc., Attn: Sherri McCann, President, at 14651 N. Dallas Pkyy, Shite 104, Dallas, Tx 75254, this || dayof Fetp. lo.,201 6 941i 7199 9991 7035 2772 1839 In Re: Lazarus Financial Group, Inc. Page 4 of 4

Docket for Case No: 16-003695