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Real estate agent sentenced for price gouging Eaton Fire victims

Filed: Jul 09, 2026 at 5:08 PM ET
Summary: Mike Kobeissi was sentenced to probation, community service, ethics training, and a $20,000 disaster relief payment.
WHO: Mike Kobeissi; California Attorney General Rob Bonta; California Department of Justice
WHAT: Sentenced to probation, community service, ethics training, pay $20,000 into a disaster relief fund, and issue an apology letter to Eaton Fire victims.
WHEN: Jul 09, 2026 at 4:52 PM ET
WHERE: La Cañada Flintridge, California
WHY: He attempted to raise the rent by 38% for a home listing after the Eaton Fire, despite an emergency order protecting fire victims from price gouging.
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