by Courtney Zwicker | Sep 26, 2025 | Legal Issues, News
Rui Alves, whose now-defunct iPro Realty Ltd. is under investigation for a $10.5-millon trust account scandal, insists the missing money was used to keep the floundering brokerage afloat, not enrich him personally. “The suggestion that millions of dollars was...
by Courtney Zwicker | Sep 2, 2025 | Boards & Associations, Legal Issues, News
The Ontario Provincial Police says it will launch an investigation into the iPro Realty Ltd. scandal. OPP spokesperson Erin Cranton confirmed the investigation to Real Estate Magazine in a statement on Tuesday evening. “The OPP has been asked to investigate this...
by Courtney Zwicker | Aug 22, 2025 | News
The fallout of the iPro Realty Ltd. continues as the Real Estate Council of Ontario confirms registrar Joseph Richer is out of the organization. In a statement to Real Estate Magazine, RECO CEO Brenda Buchanan said: “With the support of RECO’s board of...
by Courtney Zwicker | May 30, 2025 | Boards & Associations, News
Real Estate Council of Ontario chair Katie Steinfeld described the past year as one of “transformation” for the province’s real estate regulator. Speaking to members at RECO’s Annual General Meeting on Thursday, she said the industry watchdog has “successfully...
by Jordana Springgay | Nov 3, 2022 | News
QUICK HITS The Real Estate Council of Ontario is reducing registrant fees effective March 2023. The province’s regulator says reserves, which have grown recently with a surge in registrants, will fund the fee reduction. Some industry leaders say they...
