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.
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