Real Estate Agent - A Fraud- 'Poser' Goes to Jail

Derek Johnson Sentenced to Jail

Real Estate Agent 'Poser' Goes to Jail

A former Calgary man who has been dealing in real estate and mortgages without a license is going to jail. Even though he failed to appear in court, Derek Johnson has been sentenced to two months in jail and has been fined more than $100,000 in administrative penalties.

Derek Johnson Found in Contempt of Court – But Beware of Others!

This week some are learning about the man described as a scam artist preying on vulnerable people. His business partner Kevin Kumar and others involved including Johnson's wife, Allyson continue to broker real estate deals despite an explicit order to stop. Beware of websites such as those advertising real estate on kijiji.ca and ads similar in nature.

Court Orders Have Been Given

"Contemptuous conduct," and "deliberate disobedience of court orders," is what Justice Sheilah Martin expressed in light of Johnson and Kumar's attitude and on-going charges. Jail time is the only penalty that will demonstrate the authority of the court, she explained and went on to state, "I consider it to be my duty to punish them by a period of incarceration."

But…Real Estate and Mortgage Fraud Continues

The court action was initiated by The Real Estate Council of Alberta and although pleased with the court's decision regarding the serious nature of Johnson's actions RECA has appeared in Court before. They have not yet stopped the circle of deceit described as, "a complex ring of internet-based real estate and mortgage fraud spanning from B.C. to Manitoba."

Question: Who do You Trust? Answer: An Authorized Real Estate Agent.

In order to become a REALTOR® in Alberta you must first obtain your real estate license and associated authorization to trade in real estate in the province. This is in accordance to the REALTOR® official website. REALTORS® have met the same education requirements as set out by the regulator and adhere to the REALTOR® code of ethics.

Learn more: Real Estate Council of Alberta (RECA) & Alberta Real Estate Association (AREA)

Chris Ashby is your legitimate REALTOR®
At: REAL ESTATE PROFESSIONALS http://www.liveinokotoks.com/

Mobile: 403-680-4479 Office: 403-253-5305
Follow all his Blogs: http://www.yourhomeinalberta.blogspot.ca/
E-mail: chris@yourhomeinalberta.com