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Ontario’s Real Estate Regulator Freezes Bank Accounts of Four Mississauga Brokerages

RECO suspended two brokers and froze trust accounts after alleging $2.7 million was unlawfully disbursed from four Mississauga brokerages, with police notified and insurance claims advised.

Summary by CTV News
Ontario’s real estate services regulator has issued a freeze order on the bank accounts of four “Save Max” brokerages in Mississauga after it found that $2.7 million was “disbursed unlawfully” from trust accounts.

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Global News broke the news in Toronto, Canada on Wednesday, February 4, 2026.
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