A former Ray White franchise agent, John Michael Talia, has been convicted of obtaining property by deception.
Last Thursday (August 14, 2008), after the guilty verdict was read out in the Victorian County Court, John Talia was remanded in custody. Locked up.
Well done prosecutors. It’s about time that agents who rob the naïve and the elderly were properly punished – and the proper punishment for agents such as John Talia is a criminal conviction and a stint behind bars.
John Talia’s crime was a simple and common real estate crime. He bought the home of an elderly man for less than its real value.
The elderly man’s home was worth $300,000, but Talia, in his role as a real estate agent for Ray White in Doncaster (operating under the network slogan of “The Right Advice”) made sure that the man received the wrong advice.
Talia arranged for the elderly man to be tricked into thinking his home was worth between $135,000 and $155,000. Talia then offered him $145,000.