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Collected five million dollars from people —
The house building company without a license is now caught in legal trouble.
Toronto (Punjabi Newspaper Bureau) It is the dream of every Canadian living in Canada to own his own house, but the ownership of the house will be only when your house is built on a piece of Canadian land. Many Ontario residents have had their dreams shattered when they deposited dollars into a home building company that did not have a license to build or sell homes. An Ontario court has ordered a GTA-based developer to pay more than $180,000 in fines and restitution after pleading guilty to illegally selling pre-construction homes.
Ideal (BC) Developments has been fined more than $34,000 and ordered to pay $150,000 in restitution after the company sold homes for a pre-construction project north of Toronto without obtaining a license to sell or build new homes. More than 5 million Canadian dollars were collected from buyers.
The Ontario Court of Justice fined Ideal (BC) $15,625 for illegal sales and $18,750 for failing to provide evidence required by a search warrant.
The court also ordered Ideal (B.C.) to pay $150,000 to the Home Construction Regulatory Authority as a restitution order, so that this amount can then be made available to those who deposited funds in connection with the booking of houses with the above company. were conducted
The house building company without a license is now caught in legal trouble.
Toronto (Punjabi Newspaper Bureau) It is the dream of every Canadian living in Canada to own his own house, but the ownership of the house will be only when your house is built on a piece of Canadian land. Many Ontario residents have had their dreams shattered when they deposited dollars into a home building company that did not have a license to build or sell homes. An Ontario court has ordered a GTA-based developer to pay more than $180,000 in fines and restitution after pleading guilty to illegally selling pre-construction homes.
Ideal (BC) Developments has been fined more than $34,000 and ordered to pay $150,000 in restitution after the company sold homes for a pre-construction project north of Toronto without obtaining a license to sell or build new homes. More than 5 million Canadian dollars were collected from buyers.
The Ontario Court of Justice fined Ideal (BC) $15,625 for illegal sales and $18,750 for failing to provide evidence required by a search warrant.
The court also ordered Ideal (B.C.) to pay $150,000 to the Home Construction Regulatory Authority as a restitution order, so that this amount can then be made available to those who deposited funds in connection with the booking of houses with the above company. were conducted
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