Realtor named in '30 under 30' list indicted on fraud charges

Eve Mazzarella, broker-owner of Distinctive Real Estate & Investments in Las Vegas, at age 29 was named in Realtor magazine's "30 under 30" feature in June 2007.

Mazzarella is now linked to a mortgage fraud case reported by CNBC on Friday. From that story:

"A Las Vegas real estate broker and her husband are facing federal charges they made millions of dollars orchestrating a mortgage fraud scheme.

"U.S. Attorney for Nevada Gregory Brower says Eve Mazzarella, 30, and her husband, Steven Grimm, 45, were indicted Wednesday on bank fraud, money laundering and aiding and abetting charges."

The story appeared on the NARWisdom blog, where Realtor magazine editor Stacy Moncrieff chimed in to answer a few questions:

"You may be wondering, in light of this news, if or how we vet candidates for our annual 30 under 30 presentation. We put all applicants who make it into the finals for "30 Under 30″ through a screening process, as we did with Eve. We do checks with the local association of REALTORS to determine whether there have been any ethics violations and with the state real estate commission to determine whether there have been any complaints, investigations, or license law violations. Occasionally, as a result of that screening, we drop a candidate from contention. We found no red flags with Eve."

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Submitted by on March 17, 2008 - 3:04pm.

It's a sad story (assuming charges in the indictment of Ms. Mazzarella prove true). How quickly one can fall.

Realtor Magazine's vetting process is difficult to fault. No one can vet future behavior.

Jay Thompson
Broker / Owner
Thompson's Realty

Blog: www.PhoenixRealEstateGuy.com

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Submitted by on March 17, 2008 - 5:43pm.

Man o man.. Maybe it's time for a "Where are they now?" feature to cover the 30 under 30. :)

Joe

Realtor Code of Ethics | Austin Texas

 
Submitted by Patt Herrington on March 27, 2008 - 8:26pm.

what a shame...i'm so sick about all this mortgage fraud...
patti
madisonmsrealestatehomes.com

 
Submitted by David Saks on January 11, 2009 - 3:59am.

Sign of horrendous times. Please, God, teach these crooked schnucks a lesson. May the righteous among our numbers, with open eyes, recognize the admonition and rebuke in the actions of these nasty scoundrels.

David Saks
Real Estate Broker