Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

Agent appeals 12 month jail sentence

By Staff Reporter
09 March 2012 | 9 minute read

Staff Reporter

A Darwin-based real estate agent has appealed a 12 month jail sentence handed to him for forging the signature of his former boss to increase his sales commission, according to a report.

The jail sentence, which was handed down to Raine & Horne property development consultant Michael Tolios, would be suspended after he spent two months’ in jail, according to a report in the ntnews.com.au.

==
==

Mr Tolios received his sentence from Magistrate Michael Carey for forging the signature of Professionals’ director David Ley on a sales commission agreement, which delivered him a greater share than he was due to receive, the ntnews.com.au report said.

Mr Tolios, who was released on bail, was due to appear before the NT Agents Licensing Board yesterday.

Real Estate Business attempted to contact Mr Tolios for this article.

Do you have an industry update?
Subscribe
Subscribe to REB logo Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.