Regulator freezes accounts of small Oakville real estate brokerage
Ontario’s real estate regulator has frozen the bank accounts of Oakville, Ont.-based brokerage REXIG Realty Investment Group Ltd., the culmination of a string of legal and financial issues facing its principals.
According to records from a court-ordered receivership that began on Oct. 31., REXIG and two related companies – EFC Capital Inc. and Rexig Marketing Ltd. – have accumulated as much as $4.844-million in debt since 2018. The group has also been riven by a financial partnership dispute since September, 2024.
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