Alberta man trading real estate illegally

by REP18 Nov 2014
A man in Alberta is illegally trading real estate and providing mortgages, despite a cease and desist order from the Real Estate Council of Alberta.

Derek Johnson, who is currently involved with the brand, was previously operating under Free List Calgary, as well as Partners in Success Mortgage and New Age Financing. None of these brands, however, are licensed to buy and sell real estate, or provide mortgages.

Earlier this year, RECA fined Johnson a total of $50,000 on two separate charges of posing as an agent. He was also fined $15,000 for the same charge a year earlier. Johnson hasn’t paid any of those fines.

"The right to participate in contract and commerce is a fundamental human right," Johnson wrote in an email to the CBC.

However, Johnson appears to violate the rights of others, mainly targeting vulnerable people whose homes are in foreclosure.

"We find it's for nefarious purposes, and that is that they want to generate cash flow," Charles Stevenson of RECA told the CBC. "If at all possible they'll find a way to steal identity, perpetrate mortgage fraud and move the people on through without their knowledge."

In its most recent press release, RECA said it is taking further action, though it would not specify.


  • by scam watch Derek 5/17/2015 12:05:54 AM

    google Derek Ryan Johnson for all the details of this scum bags dealings.

    His partners Laurel Cinnamon and Kevin Kumar plus Kevin Manji have got a real operation.

    This group plus a few others are stealing hundreds of thousands of $$

    Our Alberta Government refuses to do anything to stop them.

    Maybe the new NDP will step up to the plate?

  • by quatloos 6/28/2015 2:30:34 AM

    Derek ryan johnson kevin kumar laurel cinnamon

    All part of the large scam. 1827148 alberta ltd.

  • by SAMMY 5/14/2016 6:06:11 PM

    This is kevin kumar a known scammer and partner of DEREK RYAN JOHNSON a google search will show all about them.

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