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Accounts frozen at two more Ontario brokerages as RECO uncovers trust account shortfalls
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Accounts frozen at two more Ontario brokerages as RECO uncovers trust account shortfalls
The Real Estate Council of Ontario (RECO) has frozen the accounts of two more brokerages, with an investigation uncovering more than half a million dollars unlawfully disbursed from trust accounts, it says. Grace Nan Zhang, president of MEhome Realty (Ontario) Inc. and 5I5J Realty Inc. (source: MeHome Realty social media). The regulator reported on Wednesday that it has taken regulatory action against MEhome Realty (Ontario) Inc. and 5I5J Realt…
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