2023-08-23 20:10:23
A Gatineau real estate broker had his license suspended following carrying out 11 fraudulent transactions that brought him $231,290.
The Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) announced in a press release on Wednesday that it had obtained the provisional suspension of Yassine Chentoufi’s real estate brokerage license.
According to the OACIQ trustee, he set up a fraudulent scheme to simulate 11 false real estate transactions, in which building owners and nominees were involved without their knowledge, thanks to signatures he forged and false documents.
Yassine Chentouf would thus have gotten his hands on an approximate sum of $231,290 from companies specializing in compensation advances.
The OACIQ trustee argued that he has sufficient proof that Yassine Chentoufi appropriated this sum from companies specializing in compensation advances.
The man would have personally committed reprehensible acts, between November 2022 and March 2023, in addition to carrying out others through his company Yassine Chentoufi Courtier Immobilier inc., which has its domicile on the boulevard du Plateau, in Gatineau, according to the Quebec enterprise registrar.
The Discipline Committee, at the request of the OACIQ syndic, ordered the provisional suspension of Mr. Chentoufi’s licence.
“The protection of the public as well as the seriousness of the alleged offenses dictated an urgent intervention and we are satisfied that the Discipline Committee agreed with the Syndic’s arguments,” said the Vice-President, Supervision of the OACIQ, Me Caroline Champagne.
The sanction is an exceptional measure to protect the population. Yassine Chentoufi might then be imposed sanctions that might go as far as permanent suspension.
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