Rent Skimming Allegations At Center Of Indiana AG Action Seeking Real Estate License Suspensions For Property Management Pair

From the Office of the Indiana Attorney General:

• The real estate licenses of two central Indiana property managers are facing emergency suspension, Indiana Attorney General Greg Zoeller announced [].
• The Attorney General filed petitions for summary suspension with the Indiana Real Estate Commission on May 16 seeking to suspend the real estate licenses of Craig Bartels and Derek Crager, principal operators of Crager-Bartels, LLC.
• The petitions allege Bartels and Crager failed to pay property owners more than $13,000 in rent payments they had collected from tenants. Crager-Bartels, LLC is located in Plainfield, Ind. and entered into contracts with property owners in several states including Indiana, California, Nevada and North Carolina to manage rental properties in central Indiana.
• "By seeking an emergency license suspension we hope to prevent these individuals from continuing to operate as we attempt to resolve the issues stemming from the mismanagement of these rental properties," Zoeller said. "The actions of these two licensed real estate agents harmed both the property owners and the families who are tenants."

For the Indiana Attorney General press release, see Attorney General seeks to suspend licenses of two central Indiana property managers.