by Matthew Holloway | Mar 9, 2026 | News
By Matthew Holloway |
The Arizona Corporation Commission (ACC) voted to close a long-running securities enforcement case against Densco Investment Corporation after recovering nearly $19.8 million for investors who lost money in the company’s real estate lending program.
The commission approved a request to close the Maricopa County Superior Court case Arizona Corporation Commission v. Densco Investment Corporation after funds were recovered and distributed through a court-appointed receivership.
The case originated in 2016, when the Arizona Corporation Commission filed a complaint alleging violations of multiple provisions of the Arizona Securities Act and seeking appointment of a receiver to manage the company’s affairs following the sudden death of Densco’s owner and sole operator.
According to a press release from the commission, Densco raised more than $40 million from investors and loaned those funds to real estate ventures. Investors were told loans would not exceed a 70 percent loan-to-value ratio and would be secured by first deeds of trust on the underlying properties. Investigators later determined those representations were inaccurate. Some loans were issued at loan-to-value ratios of 100 percent or higher, and some properties were not secured by deeds of trust.
During the claims process, the court-appointed receiver identified 113 investors who were collectively owed $31,446,001. Through recovery efforts by the receiver and the commission, $19,788,384 was recovered for distribution to investors.
The commission also holds a criminal restitution order totaling $16,946,384 for additional collection and distribution to investors. According to the ACC, investors have recovered more than 63 percent of their losses to date.
Earlier court-approved distributions had already begun returning funds to investors during the receivership. In 2017 and 2018, the Maricopa County Superior Court approved multiple payments up to roughly $7 million to investors as the receiver recovered assets tied to the company’s operations, as reported by the Arizona Daily Independent at the time.
Court records tied to related federal proceedings describe Densco as a private “hard money” lender formed by Denny Chittick in April 2001 that financed short-term real estate loans for investors. Federal filings describe fraudulent lending schemes connected to the company that resulted in losses totaling more than $31 million. Chittick reportedly died by suicide in July 2016, according to a Presentence Investigation Report cited by the court.
Documents related to the civil case are available through the Maricopa County Superior Court online docket under case number CV2016-014142.
Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.
by Ethan Faverino | Mar 9, 2026 | News
By Ethan Faverino |
Arizona State Senator Jake Hoffman (R-LD15) strongly condemned Governor Katie Hobbs for vetoing SB 1439, a measure he sponsored that would have authorized an optional specialty license plate to honor the late Charlie Kirk and support related efforts.
In her veto letter, Governor Hobbs stated that the legislation “inserts politics into a function of government that should remain nonpartisan.”
Governor Hobbs just vetoed a specialty plate “For Charlie” that was passed by the Arizona Legislature,” tweeted Turning Point Action’s CEO Tyler Bowyer. “They’re very worried about Arizonans wanting to support the cause of Charlie.”
Hoffman, who is closely associated with Turning Point, called this reasoning hypocritical, deeply disappointing, and inconsistent with Arizona’s long-standing tradition of recognizing individuals and causes through state designations, including specialty license plates.
“Katie Hobbs’ grotesque partisanship knows no bounds,” stated Senator Hoffman in a press release condemning the Governor’s decision. “Even in the wake of a global civil rights leader — an Arizona resident and her own constituent — being assassinated in broad daylight for his defense of the First Amendment, Hobbs couldn’t find the human decency to put her far-left extremism aside simply to allow those who wish to honor him to do so. Katie Hobbs will forever be known as a stain on the pages of Arizona’s story.”
Senator Hoffman highlighted the inconsistency in Hobbs’ position, noting that Arizona has historically honored public figures across the political spectrum without similar objections. “It’s absolutely absurd for Hobbs to suddenly claim that honoring someone through a state recognition is ‘too political.’ Arizona highways, buildings, and memorials have been named after elected officials and public figures for decades,” added Senator Hoffman. Congressman Ed Pastor, a proud Democrat, has a freeway named in his honor. No one suggested that recognition was inappropriate simply because he held political views.”
Arizona currently offers dozens of voluntary specialty license plates supporting various causes and organizations, allowing drivers to opt in and contribute if they choose. SB 1439 would have provided the same opportunity to honor Kirk.
“Charlie Kirk inspired millions of young Americans to engage in their communities, exercise their First Amendment rights, and participate in our democratic system,” continued Hoffman. “Hobbs’ veto sends a chilling message that honoring someone who championed free speech is unacceptable if their views do not align with her political ideology. This was a simple, voluntary way for Arizonans to honor a man whose life’s work centered on civic engagement and the peaceful exchange of ideas. Katie Hobbs chose petty politics instead.”
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Matthew Holloway | Mar 8, 2026 | News
By Matthew Holloway |
Mesa police are investigating the fatal shooting of a Mesa mother of seven after identifying an investigator with the Arizona Attorney General’s Office as being involved in the incident.
Authorities say 32-year-old Maria Ernestina Lewis was found with a gunshot wound early on Feb. 28 near Ray Road and Inspirian Parkway in Mesa after officers responded to a welfare check call. Lewis was pronounced dead at the scene.
The Mesa Police Department later identified 47-year-old DuLance Morin, an investigator with the Arizona Attorney General’s Office, as being “involved in the shooting,” though authorities have not publicly detailed the exact circumstances of the incident. Police have not confirmed who fired the weapon, as reported by FOX10 Phoenix.
According to investigators, officers were dispatched to the neighborhood after receiving a welfare check call around 2 a.m. When officers arrived, they located Lewis with a gunshot wound outside a residence. She was found on the doorstep of a neighbor’s home, according to local reporting.
“I can confirm DuLance Morin has been employed by the Attorney General’s Office since February 2016,” a spokesman from the Arizona Attorney General’s Office said in a statement on Monday. “He was placed on administrative leave this weekend pending the Mesa Police Department’s investigation.”
Authorities have not announced any arrests or criminal charges in connection with the case, and the investigation remains active. “The Mesa Police Department emphasizes that this remains an active and ongoing investigation,” the department said in a statement to 12 News.
The department added, “Detectives are working to obtain additional evidence through search warrants, reviewing potential surveillance footage from the surrounding area, and awaiting the results of forensic testing and analysis.”
Investigators have not publicly described any relationship between Lewis and Morin or how the two individuals came into contact before the incident. Mesa Police have also not released information about whether a weapon was recovered at the scene or whether any other individuals were involved.
Officials say additional information will be released once the investigation progresses. However, authorities have not announced whether an outside agency will participate in the investigation as of this report.
As of the latest update from Mesa police, the case remains under active investigation, and authorities have not provided a timeline for additional information.
Lewis is survived by her husband and seven children. According to FOX10 Phoenix, Lewis’ family has called for prosecutors to pursue a murder charge. The outlet also reported that relatives said blood-stained tiles were removed from the scene hours after the shooting.
Anyone with information about the incident is encouraged to contact the Mesa Police Department.
Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.
by Matthew Holloway | Mar 8, 2026 | News
By Matthew Holloway |
In a 42–14 bipartisan vote on Monday, the Arizona House approved House Concurrent Resolution 2005 (HCR 2005), a proposed constitutional amendment requiring the Legislature to adjourn its regular session no later than April 30 each year.
HCR 2005, was sponsored by State Representative Justin Wilmeth (R-LD2) and proposes amending Article IV, Part 2, Section 3 of the Arizona Constitution to establish a firm adjournment deadline for legislative sessions. Under the measure, the Legislature would continue to convene annually on the second Monday of January but would be required to adjourn sine die by April 30.
The resolution was passed by the Arizona House and transmitted to the Arizona State Senate for consideration.
Under current practice, Arizona’s regular legislative sessions traditionally begin in January and are expected to conclude within approximately 100 days. However, sessions have frequently extended well beyond that timeframe in recent years, often continuing into late spring or summer.
According to the sponsor, the proposal is intended to restore a predictable schedule consistent with Arizona’s model of a citizen legislature.
“A part-time Legislature should act like one,” Wilmeth said in a statement. “When sessions drag into June, priorities are delayed, and decisions are delayed. Arizonans expect us to pass a budget on time and finish our work. The House vote shows bipartisan support for a firm deadline. April 30 is reasonable, and we should meet it.”
The measure preserves the governor’s authority to call special sessions when necessary. Under Arizona law, special sessions must be limited to the subjects specified in the governor’s call.
If approved by the Senate, the proposed constitutional amendment would be placed on the ballot at the next general election, allowing Arizona voters to decide whether to adopt the April 30 adjournment deadline.
Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.
by Staff Reporter | Mar 8, 2026 | News
By Staff Reporter |
A retirement community in Eloy had its water rates raised significantly through a recent Arizona Corporation Commission (ACC) vote.
The ACC approved the rate increases narrowly, 3-2, during its meeting on Wednesday. Commissioners Kevin Thompson and Lea Marquez Peterson voted against the rate increases.
Marquez Peterson said the utility companies should have done more to conduct public outreach prior to engaging in the rate increase process.
“We received many public comments concerning the dramatic rate increase though an increase was certainly expected from a utility who hadn’t filed a rate case in over 25 years. I believe that more could have been done to promote gradualism in the sewer rate case,” said Marquez Peterson.
Picacho Water and Picacho Sewer Company serve the retirement community Robson Ranch, located south of Casa Grande. The community has historically enjoyed low water and sewer rates due mainly to subsidization from the developer behind the community, Robson Companies. The developer absorbed the cost of increased expenses rather than pass them onto the residents.
The rate increases would result in increases of just shy of $7 for water and $65 for sewer, for a combined increase of about $76. No rate changes have occurred since the 1990s. For years, residents paid an average of about $30 per month for water and $42 per month for sewer services.
ACC declined to impose a phased increase of rates.
Commissioner Thompson said that was where the rate increase plan lost his vote.
“For decades, the developer chose to operate the water utility at a loss. No one disputes that the new owner is entitled to recover lost revenues and earn a reasonable profit on those investments,” said Thompson. “But rate increases should adhere to principles of gradualism, and as a regulator, I felt I had a duty to advocate for a resolution that strikes an appropriate balance between all parties and not subject these ratepayers to the consequences of business decisions that were no fault of their own.”
The decision to adjust utility rates after nearly 30 years came after another company, JW Water, acquired both companies from Robson Companies in 2024.
Robson Ranch residents spoke out against the rate increases during Wednesday’s meeting. They accused JW Water of seeking to maximize shareholder return.
The residents also blamed Robson Companies for covering increased expenses rather than passing the cost along to the customers. Residents said they had no knowledge their rates were being subsidized all those years; they said low rates were marketed as a perk of buying within the community.
Jay Shapiro, speaking on behalf of Picacho Water and Picacho Sewer during the meeting, said the rate case was “difficult for everybody involved” and that no one would be happy with the final results.
Shapiro denied exploitation of customers. He argued the longstanding rates were no longer recovering the cost of service. He said the rates were “just and reasonable,” and not a result of “price gouging” to benefit foreign investors. Shapiro accused critics of the rate increases of conducting a smear campaign.
“Rate shock was inevitable — rate shock sure sucks,” said Shapiro. “It’s an unintended consequence of some rate filings.”
Chairman Nick Myers agreed with JW Water that these rate increases were a necessity for services provided, not a means of making up for lost profits.
“Though I personally would prefer not to approve rate increases, we have a constitutional duty as Commissioners to set just and reasonable rates,” said Myers.
Vice Chair Rachel Walden concurred.
“JW Water is NOT recovering revenue losses over the course of the past 25+ years, nor are they recovering the purchase price of the utilities,” said Walden. “This rate case is ONLY about setting rates to cover the cost of service. I put forth a verbal amendment that was supported in full to ensure that future growth will pay for itself.”
AZ Free News is your #1 source for Arizona news and politics. You can send us news tips using this link.
by Staff Reporter | Mar 7, 2026 | News
By Staff Reporter |
More is coming to light about the handling of unaccompanied alien children under President Joe Biden’s administration.
Approximately 450,000 unaccompanied alien children were smuggled into the country under the Biden administration and placed with sponsors.
On Tuesday, Department of Homeland Security (DHS) Secretary Kristi Noem testified to the Senate Judiciary Committee that an investigation into the Biden administration found that they paid individuals to act as sponsors for unaccompanied alien children, with the knowledge that those individuals were traffickers.
“So, under that administration, we not only had children that were in this country as a part of a [government] program, [but the] government was paying individuals that were knowingly trafficking them and abusing them. That has stopped,” said Noem.
Noem said their agency has located about 145,000 unaccompanied alien children. Last December, that number was just over 129,000.
Throughout mid-to-late 2024, the Biden administration denied claims that their administration had lost track of over 300,000 unaccompanied alien children. These claims stemmed from a DHS report issued in August 2024. Officials at the time said the lack of knowledge concerning these children’s whereabouts didn’t mean the children were missing.
Last March, the Trump administration announced the discovery of a backlog of over 65,000 reports regarding unaccompanied alien children who came into the country under the Biden administration. By July, HHS processed over 59,000 of those reports; over 4,000 investigative leads on crime emerged from these reports, including for fraud and human trafficking.
Last November, the Center for Immigration Studies (CIS) issued a report on Biden administration data from 2021 and 2022 revealing Health and Human Services (HHS) lost contact and couldn’t determine the safety status of nearly half of all unaccompanied alien children transferred into sponsor custody. CIS is engaged in multiple Freedom of Information Act (FOIA) lawsuits against HHS to obtain more data on these unaccompanied alien minors under the Biden administration.
That same month, ICE launched an initiative to partner with state and local law enforcement to conduct welfare checks on unaccompanied alien children. DHS asserts that “many” of these unaccompanied alien children were placed with smugglers and sex traffickers acting as sponsors.
Last summer, Rep. Eli Crane (R-AZ02) participated in a House Committee on Homeland Security hearing on the Biden administration’s hotline for unaccompanied alien children. Testimony revealed the Biden administration assigned one staffer to man the hotline. There was no information to be found about the number of hours that lone staffer worked.
Ali Hopper, president and founder of GUARD Against Trafficking, alleged in her testimony that from August 2023 to January 2025, 65,000 calls alleging neglect and abuse went unanswered on that hotline.
Approximately one dozen pregnant unaccompanied alien children have been housed in one Texas facility dedicated to their case type since last summer. At least half became pregnant as a result of rape, according to unnamed officials who contacted Texas Public Radio. The youngest among those children are 13.
AZ Free News is your #1 source for Arizona news and politics. You can send us news tips using this link.
