Toronto-area development company convicted of illegal home sales

  • 📰 storeyspub
  • ⏱ Reading Time:
  • 6 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 74%

Business News

Toronto,Development Company,Illegal Sales

Ideal (BC) Developments Inc. will have to pay $150,000 to unsuspecting purchasers who lost their deposits in the builder's illegal sales.

A Toronto-area development company has been convicted of illegally selling new homes and will have to pay restitution to nearly a dozen buyers who lost their deposits in the shady deal. Ideal (BC) Developments Inc. has pled guilty to selling 10 new homes in Richmond Hill without a licence and without enrolling them in the Tarion warranty program. The company's officer and director, Shajiraj Nadarajalingam, is also the sole shareholder of several other Ideal Developments Inc. entities.

Ideal (BC) illegally took in hundreds of thousands of dollars worth of deposits from unsuspecting purchasers

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines