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ISCOVER
Simon Parker
Missing deposit money is reportedly behind the abrupt closure of a Byron Bay-based real estate office last week, according to the Sunday Telegraph.
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According to the daily Belle Property Financial Services cancelled its franchise agreement with realtor and mortgage broker Sarah Dougan following the disclosure that deposit money for one property had allegedly not been paid to a vendor who sold her $1.6 million house in April.
Belle Property Financial Services chief executive Peter Hanscomb told the Sunday Telegraph that the matter had been forwarded to Fair Trading for review.
Sarah Dougan was unavailable for comment when contacted byThe Adviser, but told the Sunday Telegraph that she had done nothing wrong.
