Written by Staff Reporter
Tuesday, 12 February 2013
A residential letting agent was permanently banned from holding a real estate licence, ordered to pay $4,282 restitution and sentenced to two months in jail.
Gayle Coral Sullivan was found guilty in the Southport Magistrates Court for taking bond money from a trust account while working at student apartments in South Brisbane.
According to a statement from the Queensland Office of Fair Trading (OFT), Ms Sullivan drew money from a trust account on five occasions in August and September 2011, when she was licensee in charge of Southbank Campus Apartments. She later deposited the funds, totalling $4,282, into her personal bank accounts.
Ms Sullivan pleaded guilty to five counts of wrongfully converting trust account money, an offence under the Property Agents and Motor Dealers Act 2000.
According to the OFT, Ms Sullivan said in an interview with investigators that she was entitled to the funds because she has refunded tenants’ bonds from her own pocket, but could provide no evidence of this.
A conviction was recorded.
Ms Sullivan’s resident letting agent licence was cancelled on 14 November 2011 after she was previously convicted and fined $8,000 for eight trust account offences.
Ms Sullivan jail sentence has been suspended for two years.
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