The state Department of Real Estate has launched disciplinary action against Virginia Drascula, 76, of Duarte, the licensee of Falcon Management Co., a rental-listing business plagued by customer complaints.
Falcon Management Co., a rental listing company plagued with mounting customer complaints and Small Claims Court losses, has shut down amid the Arcadia Police Department's call for criminal prosecution and an investigation by the state Department of Real Estate.
Arcadia-based Falcon Management Co. owner Robert Forsting agreed to a Star-Tribune interview concerning complaints from customers in Valley cities and Los Angeles. Mr. Forsting said he's had to fire employees who have made mistakes, and the Arcadia Police Department has taken the unusual step of advising those customers to file a class action lawsuit.
The Arcadia Police Department is investigating Falcon Management at 411 E. Huntington Drive following repeated shut downs by regulators and customer complaints.