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BCFSA freezes trust accounts, suspends B.C. broker over alleged misconduct
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BCFSA freezes trust accounts, suspends B.C. broker over alleged misconduct
The B.C. Financial Services Authority (BCFSA) has issued “urgent orders” suspending Realtor Balpreet Singh Bal and his brokerage, Fraseridge Realty Ltd., over allegations of serious financial misconduct. The provincial regulator has also frozen trust accounts connected to Fraseridge Realty (operating as Amex-Fraseridge Realty), Bal Realty Services Inc., Jovi Realty and Lighthouse Realty Ltd., citing concerns that millions of dollars in client tr…
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