(1) Investigations are currently underway into alleged real estate scams occurring on the Gold Coast.
The Office of Fair Trading is examining the activities of various entities which have been the subject of complaints. Should evidence of contraventions of legislation administered by the Office of Fair Trading be obtained, appropriate enforcement action will be taken.
As allegations of fraud are also involved, investigators from the Office of Fair Trading recently met with officers from the Queensland Police Fraud and Corporate Crime Group.
The Office of Fair Trading also has an ongoing proactive compliance program involving officers visiting real estate agent offices and checking various aspects of the operation of the businesses.
(2)
