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CA AG Bonta Secures 12-Month Probation Sentence in Eaton Fire Price Gouging Case

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California Attorney General Rob Bonta secured a conviction and sentence against Southern California real estate agent Mike Kobeissi for price gouging and false advertising in the wake of the January 2025 Eaton Fire. Kobeissi, who markets himself as "Mr. La Cañada," raised the rental price on a property he managed by 38% after receiving an application from a couple displaced by the fire on January 11—just four days after Governor Gavin Newsom declared a state of emergency. The increase violated California's emergency order capping rent hikes at 10% for disaster victims. Kobeissi was convicted of misdemeanor price gouging and sentenced to 12 months of probation, 100 hours of community service, and a mandatory professional ethics course through the National Association of Realtors.

The couple filed a complaint with the California Department of Justice after discovering the price increase, triggering the investigation that led to charges in Superior Court. While criminal price gouging carries potential penalties of up to one year in jail and a $10,000 fine, Kobeissi received a probation-focused sentence. The Department of Justice can also pursue civil penalties up to $2,500 per violation and mandate restitution to victims.

This case marks the first secured sentencing in a high-profile price gouging prosecution tied to the Eaton Fire. Attorneys should note that California's emergency housing protections remain actively enforced, and the Attorney General's office continues investigating similar violations. Practitioners advising real estate clients should ensure compliance with disaster-area rent restrictions, as the AG has made enforcement a priority and encourages public reporting at oag.ca.gov/LAfires.

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