by Courtney Zwicker | Sep 22, 2025 | Legal Issues, News
A forensic investigation into the financial records of The iPro Realty Ltd. shows a complicated web of intermingled financials with the sprawling group of businesses owned by former brokerage principals Fedele Colucci and Rui Alves. New evidence filed by the Real...
by Courtney Zwicker | Sep 12, 2025 | Legal Issues, News
The Real Estate Council of Ontario (RECO) has taken the first steps in launching legal proceedings against iPro Realty’s former principals and other parties. RECO has issued a notice of application with the Ontario Superior Court of Justice, asserting that Fedele...
by Mario Toneguzzi | Sep 4, 2025 | Boards & Associations, Legal Issues, News
The real estate industry in Canada is facing a profound reputational challenge in the wake of two high-profile scandals involving iPro Realty Ltd. in Ontario and Re/Max Real Estate (Central) in Calgary. These incidents have not only shaken consumer confidence but...
by REM Editorial Team | Sep 3, 2025 | Boards & Associations, News
Realtors across the province have sent a clear message calling for more oversight of the Real Estate Council of Ontario. On Wednesday, Ontario’s nine largest Realtor boards and associations, representing more than 95,000 of the 100,000 Realtors in Ontario, sent a...
by Mario Toneguzzi | Sep 3, 2025 | Boards & Associations, News
Cathy Polan, president of the Ontario Real Estate Association (OREA), said the organization applauds the provincial government’s decision to review the Real Estate Council of Ontario (RECO) in the wake of the iPro Realty Ltd. scandal. In a statement provided to Real...
