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 REM Editorial Team | Sep 9, 2025 | Legal Issues, News
A large majority of Canadians believe mortgage fraud is fuelling higher housing costs and tilting the market against honest buyers, according to a new national survey. The online poll of 2,000 Canadians, conducted by Pollara Strategic Insights for Mortgage...
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 Courtney Zwicker | Sep 2, 2025 | Boards & Associations, Legal Issues, News
The Ontario Provincial Police says it will launch an investigation into the iPro Realty Ltd. scandal. OPP spokesperson Erin Cranton confirmed the investigation to Real Estate Magazine in a statement on Tuesday evening. “The OPP has been asked to investigate this...
by REM Editorial Team | Aug 29, 2025 | Boards & Associations, Legal Issues, News
Ontario’s five largest Realtor associations have banded together in support of the Ford government’s decision to intervene in the review of the Real Estate Council of Ontario (RECO) following the iPro Realty Ltd. investigation. “Our associations welcome a...
