Detroit woman admits to unlicensed accounting and real estate work.

TLDR:

• Krystal Davis, 37, of Detroit has pled no contest to charges involving the illegal practice of accounting and real estate brokerage.
• The plea includes one felony count of operating as an unlicensed accountant and two misdemeanor counts of acting as an unordained real estate agent.

Key Elements of the Article:

In a highly anticipated case, Krystal Davis from Detroit has admitted to conducting unlicensed accounting and real estate activities. The charges against her include one felony count for operating as an unlicensed accountant and two misdemeanor counts for unauthorized real estate actions. This plea marks the end of a case that has been closely monitored by professionals across different industries.

The Michigan Attorney General’s Office revealed that Davis will likely face probation for 18 to 24 months as part of a larger agreement. Michigan Attorney General Dana Nessel emphasized the importance of proper licensure in professional fields, ensuring that Michigan residents can trust licensed and qualified professionals for business and financial guidance.

Davis operated under the guise of legitimacy through Card Property Management, LLC, engaging in real estate activities such as setting rental rates and marketing properties without the necessary license. She also misrepresented herself as a Certified Public Accountant to solicit tax preparation work without holding the required CPA license in Michigan.

The case serves as a reminder of the severe consequences of bypassing professional licensure requirements and engaging in financial and real estate practices without proper authorization. Davis’s sentencing is scheduled for July 15, highlighting the legal repercussions of such violations and underscoring the state’s strict approach to these matters.