Unauthorised real estate trust account withdrawals result in fines (Mohammad Merzaie / Challenge Real Estate / Swift SM Pty Ltd)
- Real estate agent and his company fined a total of $6,500
- Multiple unauthorised withdrawals from trust account over four months
- The money of the agency’s clients put at risk by violations of the law
A Magistrate has told a former real estate agent that his clients’ money was put at risk by multiple unauthorised withdrawals from his agency’s trust account.