Opinion ID: 1304454
Heading Depth: 4
Heading Rank: 3

Heading: Lack of Accountings

Text: (9) The department properly found that petitioner did not comply with Bernie L.'s request for an accounting of loan proceeds. Petitioner offers no evidence to substantiate his claim he provided accountings, and at the hearing petitioner admitted that he never rendered the requested accountings. Likewise, amicus erroneously asserts the record reveals petitioner provided Bernie L. with adequate accountings. Bernie L. did testify that petitioner showed him a piece of paper with handwritten notations indicating that approximately $68,000 had been spent on pool construction and other improvements. Finding this accounting inadequate, Bernie L. requested a complete and accurate accounting within 14 days. Petitioner did not comply. Moreover, assuming arguendo that petitioner provided a sufficient accounting of the $68,000, he never accounted for the balance of the loans encumbering the Bonsall property.