Agents say tax payments are missing as iPro Realty collapse fallout continues
The trail of wreckage continues to expand following the collapse of Ontario mega-brokerage iPro Realty Ltd. as more of those affected come forward to describe the growing tally of money lost and trust broken.
On Tuesday, the Real Estate Council of Ontario obtained a tracing and freezing order to assist its efforts to track down all of the missing $10.5-million that was removed from iPro’s trust accounts. But even if that effort succeeds, it may do little for a growing list of creditors owed money by iPro, including many of its former realtors.
Categories
Recent Posts
A handsome multiplex that’s ahead of the curve
Beaches bungalow sells for $476,000 over asking
Agents say tax payments are missing as iPro Realty collapse fallout continues
Some agents turn to a patron saint amid real estate downturn
Buyer revises bid for Scarborough home after initial offer rejected
Wage hikes aren't the biggest threat to Toronto's smallest businesses, group says. Here's what is
Inside an office building that mirrors its mission with construction
He wanted to pay homage to the Blue Mountains in his Collingwood house
North York bungalow sells $181,000 below first asking price
Condo seller in Vancouver’s Mount Pleasant sees market opening to move up
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "