Real estate franchise LJ Hooker has cut ties with the operators of its Surry Hills office after the disappearance of up to $1 million in clients’ money.
A statement from LJ Hooker said the franchise contract had been terminated yesterday due to a fundamental breach of the franchise agreement
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The Department of Fair Trading is now investigating irregularities in the trust accounts operated by CBD Commercial Pty Ltd, which had been trading as LJ Hooker Surry Hills — via redwolf.newsvine.com
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