Utah Title Executive Charged With Seven Felonies
Kimberly Mosby faces fraud charges after allegedly failing to pay off hundreds of thousands in mortgage debt.
Updated on Oct. 7, 2026 in Financial Crime
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Authorities have charged Kimberly Mosby with seven felonies related to insurance fraud and the unlawful dealing of property. The charges follow an investigation into the operations of Gateway Title Company, which allegedly failed to satisfy major mortgage obligations for clients.
Why it matters
The case highlights significant failures in fiduciary oversight, as clients were left with unpaid mortgages despite holding title insurance. The charges serve as a reminder of the critical importance of secure escrow management in real estate transactions.
Kimberly Mosby faces seven felony charges involving insurance fraud and the unlawful dealing of property. The Utah Insurance Department initiated the investigation following reports of unreturned escrow funds and mortgage non-payments.
The players
Kimberly Mosby
She is the former operator of Gateway Title Company who is currently facing seven felony charges related to financial fraud.
Gateway Title Company
This is the Utah-based firm that operated as a fiduciary before failing to pay off property mortgages on behalf of its clients.
Utah Insurance Department
This state regulatory body oversees title companies and initiated the investigation into Mosby following a consumer complaint.
First American Title Company
This organization provided title insurance and paid approximately $700,000 to settle mortgage issues caused by the actions of Gateway Title Company.
The details
Kimberly Mosby, the licensee of Gateway Title Company, allegedly failed to forward trust funds to lenders for properties in Provo and Midvale. First American Title Company ultimately paid nearly $700,000 to cover these outstanding mortgage balances, while Mosby is also accused of withdrawing $37,000 from a company fiduciary account.
Timeline
Mosby obtained a license for Gateway Title Company in 2011.
Gateway failed to satisfy a $325,000 mortgage in Provo in October 2024.
Gateway failed to satisfy a $345,000 mortgage in Midvale in November 2024.
Mosby withdrew $37,000 from the company fiduciary account in February 2025.
An official investigation began in April 2025 following a formal complaint.
Legal Context
This case illustrates a direct enforcement action regarding the Utah Insurance Department title company licensing requirements. It reflects a broader effort by state regulators to curb fiduciary negligence and ensure that title firms maintain the mandatory solvency required for real estate closings.
Local property owners in Utah should verify their mortgage status with their lender if they utilized Gateway Title Company for recent transactions. The investigation underscores the importance of confirming that title companies have successfully disbursed funds to clear prior liens.
The takeaway
Real estate consumers should always request official documentation confirming that their previous mortgages have been fully satisfied by the title firm. Maintaining awareness of title insurance policies can provide a critical financial safety net when fiduciary failures occur.
Further reading
For more on how oversight agencies track fraudulent activity, visit Financial Crime.
Source note: This article includes information reported by ABC 4.
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