An Arizona regulator is ordering “Property Wars” reality TV star John Ray and his firm to immediately stop doing business because neither hold a real estate license, as required by law.
The Arizona Department of Real Estate issued a cease and desist order to Ray and his business, Arizona Investors Alliance LLC (dba Bid AZ Foreclosures), on December 6, noting Ray’s license has been terminated since July 2011 and the firm shows no record of a license.