by Courtney Zwicker | Dec 2, 2025 | Boards & Associations, News
(Jean Lépine/Ontario One Call). The board of the Real Estate Council of Ontario (RECO) was let go as a government-appointed minister stepped in on Monday, but questions remain about CEO Brenda Buchanan’s role. On Friday, Minister Stephen Crawford announced...
by Courtney Zwicker | Nov 17, 2025 | Boards & Associations, Legal Issues
New revelations have come to light that fill gaps in what may be 2025’s biggest Canadian real estate story, the $10-million iPro Realty Ltd. trust account scandal. Equally studied and scrutinized as the trust fund fraud itself has been the handling of it by the Real...
by Courtney Zwicker | Oct 2, 2025 | News
Real Estate Council of Ontario (RECO) says the insurance program manager handling the iPro Realty Ltd. matter is working toward processing the “significant volume” of agent commission protection claims within months. An update released by RECO on Wednesday offers a...
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 Brandon Reay | Sep 26, 2025 | Boards & Associations, Columnists
Everyone has covered iPro Realty Ltd. Missing millions, frozen trust accounts, lawsuits, and a regulator that failed to catch it in time. The headlines have been relentless. Recent public statements from association leadership have echoed this outrage, calling the...
