According to the San Diego Union-Tribune, the FBI has opened a preliminary investigation into the Randy “Duke” Cunningham case.
And there’s also a bit more information about why Elizabeth Todd, the woman who set the wildly-inflated price for the home sale, might have done so: apparently she’d never sold a house before in her life. After she helped the Duke unload his first house on Mitchell Wade, Cunningham hired her to help him purchase the $2.55 million new house.
According to California records, helping the Duke buy the second house was Todd’s first real estate transaction. Ever.
Commission on a $2.55 million home? Nice first commission.
