Platinum Coast Escrow, Inc.

License or Case Number: 963-1982; 603-8189; 603-8736; and 603-D366, OAH #L2007100635

Date of Initial Action: 09/07/07

Defendants/Respondents: Platinum Coast Escrow, Inc., Nazia Daniel Sadek, Miguel Angel Vazquez, Quick Loan Funding, Inc., Loyalty Funding, Inc.

Documents:

• 10/01/07 – Accusation
• 10/26/07 – Order Barring Respondent Miguel Angel Vazquez Pursuant to Financial Code Section 17423
• 11/07/07 – First Amended Accusation
• 05/27/08 – Order Summarily Revoking California California Finance Lenders Law License of LOYALTY FUNDING, INC
• 05/27/08 – Order Summarily Revoking California California Finance Lenders Law License of QUICK LOAN FUNDING, INC.
• 05/27/08 – Order Summarily Revoking California California Finance Lenders Law License of SADEK, INC
• 06/27/08 – Order to Discontinue Escrow Activities Pursuant to California Financial Code Section 17415
• 10/09/08 – Notice and Summary of Findings Pursuant to Financial Code Section 17621
• 10/09/08 – Demand for and Order Taking Possession of the Trust Funds and Escrow Records of PLATINUM COAST ESCROW, INC. Pursuant to Financial Code Section 17621
• 12/12/08 – Office of Administrative Law Decision
• 12/16/08 – Petition for Limited Receiver
• 01/12/09 – Order Revoking Escrow Agent’s License
• 03/09/09 – Suspension Order (Nazih Daniel Sadek)
• 03/16/09 [Proposed] Order Appointing Limited Receiver (This document was filed with the Superior Court of California, County of Orange, Central Justice Center on March 16, 2009)
• 09/29/10 – Order Appointing Mona Elsheikh Conservator Pursuant to Financial Code Section 17630 (09/29/10)
• 03/01/11 – Order Appointing Edgar Nunez Conservator Pursuant to Financial Code Section 17630