Real estate watchdog immediately freezing iPro Realty Ltd’s accounts amid audit

Ontario real estate regulator to conduct internal review over handling of iPro Realty scandal

RECO will undergo 'organizational review,' the board of directors says, after a decision not to lay charges or issue fines against iPro's cofounders.

Shuttered Mississauga real estate brokerage iPro Realty has accounts frozen

“The freeze will ensure safeguards are in place while still permitting a process for closure of real estate transactions,” the Real Estate Council of Ontario says.

Real estate watchdog immediately freezing iPro Realty Ltd’s accounts amid audit

The province’s real estate watchdog is immediately freezing iPro Realty Ltd.’s funding as it probes the Toronto-area brokerage for its multi-million-dollar shortfall.

A Timeline Of Events In The Ongoing $10M iPro Realty-RECO Scandal

Despite discovering a $10.5-million shortfall at iPro Realty in May, Ontario’s real estate regulator stayed silent for months — and let the brokerage's leaders walk away uncharged.

RECO moves to contain iPro crisis; lawyer breaks down consumer vs. Realtor payouts

As pressure from the public and real estate community mounts on Real Estate Council of Ontario (RECO) to take action in the iPro Realty. Ltd. fiasco, the industry watchdog has frozen the defunct brokerage’s account and undertaken an independent audit.  RECO’s board announced Monday it had ordered an immediate freeze on iPro accounts, to “safeguard funds and secure business operations,” it said, while an independent audit into the matter by legal…