NewsLocal News


Former C.C. Association of Realtors CEO found, under investigation for theft

Posted at 3:15 PM, Feb 26, 2019
and last updated 2019-02-26 20:40:09-05

UPDATE: Former Corpus Christi Association of Realtors CEO Richard Throop contacted KRIS 6 News to say he’s innocent and explain his mysterious disappearance.

Throop said after reading this article, he contacted the Corpus Christi Police Department. He was transferred to the detective overseeing this case, but that detective wasn’t in the office.

“I’m not hiding from anyone,” Throop said.

“No one with the Corpus Christi Association of Realtors has contacted me”.

Throop said he left for medical issues.

“I left on the (January) 23,” he said. “l have a possible onset of dementia and no doctor in Corpus Christi is trained to deal with this for someone as young as me, at the age of 41. So, they want to send me to MD Anderson.”

Throop said he left home to deal with his medical diagnosis but then decided to come back.

“When I got stranded and cold, I contacted my wife,” he said. “She coaxed me to come back.

“That’s when I agreed to get medical help. I spent 11 days at the behavioral center at Christus Spohn Memorial.”

He added that he’s now taking six different types of medication.

Throop explained he’s struggling with his condition.

“I knew I was going to eventually leave my work,” he said. “I can’t remember things. I sometimes can’t spell.”

He also refuted claims that he has made unauthorized charges.

“I was the CEO,” he said. “How was that unauthorized?

“I can tell you this, we’ve had cases in the last 3 to 4 years. Our card information was taken. Transactions were made in California and Pennsylvania. I don’t know what transactions they’re talking about.”

Meanwhile, Throop said these allegations are taking a toll on his family.

“The one’s suffering are my wife and kids, ages 4, 5 and 6.”

The former President and Chief Executive Officer of the Corpus Christi Association of Realtors, who was reported missing last month, now is under investigation for theft.

According to Corpus Christi Police Department Public Information Officer Senior Officer Travis Pace, a member of the Corpus Christi Association of Realtors office noticed some discrepancies in its accounting and contacted police.

On Jan. 23, Throop was reported missing.  Family members said at the time he was last seen on the morning of January 22.

According to an affidavit obtained by KRIS 6 News on Jan. 30, someone contacted the Corpus Christi Police Department and told them “there were discrepancies in their financial accounts and they will conduct an audit to determine the loss to C.C.A.R.”

The report states Throop made several unauthorized credit card transactions and cash withdrawals from CCAR’s accounts.

So far, there’s no word on how much money is missing from the Corpus Christi Association of Realtors.  Senior Officer Pace says no arrests have been made in this case.

Pace confirmed that on Feb.18, a female contacted the police and told them that Throop had returned to Corpus Christi. That led department to remove him from its Missing Persons’ list.

Pace says detectives in CCPD’s Financial Crimes section are still investigating the apparent theft.

This is a developing story. Follow for the latest details.