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TREC adopts proposal to revoke sales agent license of Miguel Angel Gutierrez after federal fraud convictions
Summary
The Texas Real Estate Commission voted to adopt a proposal for decision recommending revocation of sales agent Miguel Angel Gutierrez’s license after staff said federal indictments and a PFD showed misuse of donated funds and related fraud. The commission carried the motion by voice vote following staff presentation and questions from commissioners.
The Texas Real Estate Commission on May 5 voted to adopt a proposal for decision (PFD) recommending revocation of sales agent Miguel Angel Gutierrez’s license after staff told commissioners the respondent pleaded to felony charges related to misuse of charitable donations and filing false tax returns.
Director of Enforcement Malcolm Malloy summarized the case on the record, saying Gutierrez pleaded guilty to conspiracy to commit wire fraud and filing a false tax return and that the conspiracy allegedly began in 2012 and continued through 2021. According to staff’s…
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