Marie L. Girard, title agent, has been arrested for misappropriating $584,000 from an escrow account intended for paying off a prior mortgage.
Girard, while acting as a title agent for Girard Title, obtained a refinance mortgage in the amount of $584,000. Girard, without permission or authority, did convert those funds to her own personal use rather than for its intended use, which was to pay off the victims’ first mortgage, in violation of 812.014(2)(a), Florida Statutes (Grand Theft).
Based upon Girard‘s occupation as a title agent and the position of trust held by her, Girard misappropriated the funds belonging to insurers or others received by her in a fiduciary capacity, in violation of 626.561(3)(d), Florida Statutes (Reporting and Accounting for Funds). Girard also violated 626.8473, Florida Statutes (Escrow Trust Funds).