Real Estate Rogue Belatedly Banned For 10 Years

Posted on May 1, 2007 by | 0 Comments

Tim O'Dwyer M.B., LL.Bby Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate

A Queensland real estate agent and his company have been disqualified for 10 years and penalised more than $7600 for dishonest conduct.

In a recent media release Queensland’s Fair Trading Minister Margaret Keech said Lindsay Stringer, licensed principal of Stringer Corporation, trading as The Professionals Shailer Park, admitted to the Commercial and Consumer Tribunal that he had dishonestly converted trust monies.

“Stringer and his company were both disqualified for 10 years from holding licences under the Property Agents and Motor Dealers Act 2000. Stringer was also disqualified for 10 years from being an executive officer of a corporation that holds a licence under the Act,” she said.

Mrs Keech said in the course of selling a property, Stringer was found to be charging consumers higher amounts than the actual costs of sale-related expenses such as termite treatments and advertising, and then pocketing the difference.

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