A former Melbourne estate agent’s representative is facing disciplinary action for allegedly taking nearly $200,000 in client funds for his personal use.
Daniel Cvetkoski, 33, of Craigieburn, was an agent’s representative at Select Realty Sales Pty Ltd (trading as Barry Plant Craigieburn), working as a rental property manager.
Cvetkoski was responsible for up to 170 rental properties.
His employer learned of the potential mishandling of funds and alerted Consumer Affairs Victoria, prompting an investigation. No wrongdoing is alleged against the company.
It is alleged that Cvetkoski:
- failed to pay the Residential Tenancies Bond Authority about $44,000 in bond money, between February 2020 and July 2023.
- took cash rental payments from more than 40 renters, and put the money into his personal account, between January and August 2023. The amounts ranged from $500 to $20,000.
The money has since been repaid.
Disciplinary proceedings can result in reprimands, being barred from working as an estate agent, or a penalty of up to $5,000.
The matter is listed for a directions hearing on 15 September.