Western suburbs estate agent charged for misusing trust funds News alerts 18 November 2022 Lawrence Paul Vella, 44, of Taylors Hill, was the Officer in Effective Control of Prestige Property Agents (Vic) Pty Ltd (ACN 150 718 200) when he allegedly removed $105,915 of clients’ money from his company’s trust account, between 26 April and 11 June 2019.
Estate agent intended to use trust money for personal property News alerts 17 November 2022 Kylie Jane Campbell, 49, of Port Melbourne, pleaded guilty last week before an eight-day trial was to commence at the Melbourne County Court, where she was contesting two charges each of causing a deficiency in her company’s trust account and wrongful conversion of funds.
Estate agent’s licence cancelled for trust account failures – enforcement outcome News alerts 7 November 2022 A Caroline Springs estate agent who repeatedly failed his responsibilities in managing his trust account, has lost his licence and been disqualified from working as an estate agent for 18 months.