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Documents reveal details of Roswell escrow investigation

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Money from the trust accounts of Roswell Escrow Services, Inc. was allegedly used by the company’s owner for extravagant personal spending, according to information included in a search warrant.

The warrant for the home of Christopher Adam Jensen-Tanner, owner of Roswell Escrow Services, was issued Nov. 14 as part of an investigation of the company by the New Mexico Regulation and Licensing Department’s Financial Institutions Division.

Roswell Escrow Services received payments from home and property buyers financed by private lenders who issue real estate contracts. According to the search warrant, a portion of those payments were then held in a trust account to pay estate taxes and insurance on those properties.

Information in the warrant granted to the Financial Institutions Division, by a District Court Judge from New Mexico’s 1st Judicial District, alleges money was used for expenses that included a stay at a drug and alcohol rehabilitation center, the purchase of three designer watches and to pay down a three-year mortgage on the house for which the search warrant was obtained.

Bernice Geiger, public information officer with the New Mexico Department of Licensing and Regulation, said Wednesday the investigation into Tanner-Jensen is ongoing and that no charges have yet been formally filed. She would not comment further.

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Richard Olson, attorney for Jensen-Tanner, did not respond to several calls for comment by press time Wednesday.

An analysis by investigators of statements from Roswell Escrow Services’ wire transfer account for September 2018 found two transfers were made from the account totaling $65,000 to Living at Reflections LLC, a San Fransisco-based drug and alcohol treatment center, according to the warrant.

Investigators later allegedly found emails on Roswell Escrow Services’ computers between Jensen-Tanner and a staff member at Living at Reflections, revealing that Jensen-Tanner had stayed at the facility from about Sept. 13 to Oct. 26, 2018.

Investigators during their examination also found receipts and wire transfers totaling $11,615 related to designer watch purchases, according to the warrant.

After reviewing the receipts, the warrant states that monthly statements from March and April 2017 for the wire trust account showed the same amounts and wire transfers from the trust account to Crown and Caliber, LLC, a designer watch company.

A preliminary analysis also found several electronic payments between Jan. 1, 2017 and Sept. 30, 2019 from one of Roswell Escrows’ operating accounts for credit cards in the name of Jensen-Tanner. The warrant lists about $325,663.57 of payments.

Roswell Escrow Services temporarily halted operations Nov. 14 after the Financial Institutions Division launched an examination of the company. The examination found the accounts and capital of Roswell Escrow Services were in an unsafe and unsecure financial condition, and that a review of records found more than $1.5 million missing from the company’s client trust account, according to a letter from the Department to Roswell Escrow Services’ clients dated Nov. 27.

Breaking news reporter Alex Ross can be reached at 575-622-7710, ext. 301, or at breakingnews@rdrnews.com.