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Charlotte Area News

Real Estate Company Cuts Ties With Cannon's Wife

The real estate company where former Charlotte mayor Patrick Cannon’s wife Trenna works, has severed ties with her.

The North Carolina Real Estate Commission says the Allen Tate Real Estate company made the request to remove her name from their list of brokers on Thursday, one day after her husband’s arrest and resignation. Trenna Cannon has worked in the agency’s Ballantyne office since 2004, according to her LinkedIn profile.

The commission says Trenna Cannon has had her license since November 2000.

Trenna has not been charged with any crimes, but her name comes up in the federal criminal complaint.

A Trip To Las Vegas 

According to the FBI, she accompanied her husband on an all-expenses paid trip to Las Vegas in July of 2013 to meet with a group of foreign investors to discuss putting money into a commercial building in Charlotte. 

In Las Vegas, when they arrived at the hotel, an undercover agent gives Cannon and his wife $1,000 cash, "in close proximity to his wife," according to the complaint. The next day, Cannon called his wife Trenna from a cell phone and put it on speaker.

"Trenna Cannon personally thanked [an undercover agent] for the $1,000 cash payment that was provided to the Cannons the previous day," the complaint says.

An agent then gave Cannon $5,000 in cash to compensate Cannon for his presentation to foreign investors and for "agreeing to use his public office to assist in upcoming projects." 

'One Percent'

On February 21, an undercover agent gives Mayor Cannon $20,000 in cash at his office in the Government Center.

It was payment for helping convince an investor to invest $25 million toward a $125 million project. Before he leaves, according to the complaint, Cannon suggests he wants more and brings up his wife, Trenna.

CANNON: Okay. I, I told Trenna she has a point.  AGENT: She has what?  CANNON: A point. One percent.

The agent laughs, but federal officials believe Cannon was asking for one percent of the entire payment: $1.25 million.