1.
|
In the Registrar's opinion, the Registrant is not entitled to
registration because the Registrant has made false statements on his
applications for registration. |
|
i) For
greater particularity, Mr. Tagari provided false
information about being engaged or employed in another business,
occupation or profession. |
2.
|
The past conduct of the Registrant affords reasonable grounds for
belief that the Registrant will not carry on business in accordance
with law, and with integrity and honesty. For greater particularity: |
|
i) the Registrant has knowingly traded properties at artificially inflated prices; |
|
ii) assisted in the creation and/or submission of false and/or fraudulent documents in furtherance of real estate trades; |
|
iii.) failed to deliver and/or deposit documents with the brokerage that employs him; and |
|
iv) the Registrant was involved in the sale of a property which was
grossly misrepresented by the Registrant for the purposes of obtaining
an artificially inflated mortgage. The property shortly thereafter sold
by power of sale at a significant loss to the financial institution. |