UPDATE (9/14/19): After a 3 year investigation by the UTAH ATTORNEY GENERALS OFFICE AND DIVISION OF REAL ESTATE, a petition (charges) was filed against Armstrong. The well-documented accusations include FIFTEEN different allegations. Some of the allegations include:- Continued and flagrant course of misrepresentation- Incompetent to act as principal broker. This includes allowing his son to embezzle more than $75,000.00 from the brokerage trust accounts and continuing to allow him to work as a bookkeeper with access to trust funds after learning of the embezzlement- Breach of fiduciary duties- Failure to supervise- Failure to perform monthly trust account reconciliations- Commingling client funds- Paid himself more than $470,000.00 in unearned commissions out of clients pockets and without their knowledge. When asked by the division to provide property management agreements that would support his claims of legitimate leasing commissions, he FABRICATED APPROXIMATELY 40 PROPERTY MANAGEMENT AGREEMENTS and copied existing signatures over to these bogus documents.- Using $235,000.00 that was to be used to repay a loan but rather diverted it to his own accounts to pay personal and business expenses.- Taking more than $450,000.00 from company trust accounts to pay expenses associated with personal investmentsThe list of allegations literally goes on and on. The charges are public record.***UPDATE 8/18/20***Finally, 1031 Property Cares broker, Bruce Armstrong, was ordered to cease and desist, had his license revoked, and pay a civil penalty/restitution of $405,357.72.