Vishwa Naidu - Real Estate Licence Suspension Upheld

Calgary, Alberta – On July 27, 2009 an Appeal Panel upheld a Hearing Panel Decision dated October 27, 2006, including a fine, costs, educational requirements and a suspension of four years in the matter of Vishwa Naidu, former real estate agent registered to 921325 Alberta Ltd. o/a C-21 Platinum Realty and North Star Realty Corporation o/a Sutton Group-North Star Realty.

As a result of this suspension, Mr. Naidu may not trade in real estate in Alberta at this time.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.