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Page 25 - பிரிஸ்பேன் நீதிபதிகள் நீதிமன்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Noosa real estate agent takes almost $300k from trust

Horton, charged conjointly with the company, pleaded guilty to a charge of dishonestly converting trust money to her own use. Horton was sentenced to six months in jail, wholly suspended for two years and disqualified from holding a real estate licence for two years. A conviction was recorded. Wilton Resort Management Pty Ltd was fined $2000 and had no conviction recorded. According to Australian Securities and Investments Commission documents Horton is a shareholder in the company but is no longer listed as a director. Office of Fair Trading executive director Brian Bauer said real estate agents must not misuse trust money.

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