Condo manager has licence revoked over cryptocurrency buy
A property manager who transferred $500,000 in condominium reserve funds to an alleged cryptocurrency investment company known as Pink Piggy Investment Group Inc. has had his license to manage condominiums in Ontario revoked.
While the ruling provides a strong signal about the financial and legal accountability required to manage a condominium community, some are urging the Condominium Management Regulatory Authority of Ontario (CMRAO) to use the example to keep its focus on serious issues.
Categories
Recent Posts
No, aging baby boomers will not trigger a glut of suburban homes for young families
Edmonton-founded Initia moves 1,000 agents to eXp Realty
Great Expectations!
The accidental recruiter: From passive recruiting to purposeful growth
Multiplexes: Making real estate accessible again
Remax faces continued pressure ahead of Real takeover
The city at the top of mortgage delinquency, NDAs silence some buyers, the Home of the Week and more top real estate stories
End unit townhouse in White Rock sells to lone offer after slow price decline
Nova Scotia home was built in 1881 by seafaring captain
Stymied last summer, suburban Calgary homesellers regroup for March sale
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "