A Texarkana real estate agent was indicted Wednesday in Bowie County on a charge of theft.
Reena Corbin, 34, allegedly arranged to receive commission checks for property sales while working for Coldwell Banker Elite, where she was a salaried employee earning $88,000 annually and ineligible for commission, according to a probable cause affidavit used to create the following account. Corbin is accused of pocketing $31,830 of the company's money between October 2016 and December 2016.
The owner of Coldwell Banker told investigators that the transaction records related to the missing funds were either altered or omitted entirely from the company's accounting system. Corbin allegedly claimed she received the payment in error and is accused of submitting a fictitious wire transfer receipt that showed she repaid the money.
Texarkana, Texas, Police investigators allege that the funds were illegally diverted. Corbin is charged with third-degree felony theft. If convicted, she faces two to 10 years in prison. In the absence of a prior felony conviction, she could be eligible to receive probation.
As of late Wednesday, Corbin remained listed as an associate on the website of the Texarkana office of Re/Max Preferred. In a previous interview, police spokesman Shawn Vaughn said Corbin is free on a $10,000 personal recognizance bond.