Disturbing story in real estate: he imitates the signature of a friend

Troubling real estate story: he forged a friend’s signature

UPGRADE DAY

David Powell presents himself as a flip expert on the website of the Quebec Real Estate Investors Club where he is also “coach”.

Troubling real estate story: he forged a friend’s signature

DavidPowell< p>L'Expert Immobilier P.M. (formerly)
Montreal Region

“I accompany investors in their projects to give them the best advice”, assures- he notably in an interview conducted during a “Millionaires' Week” in a tropical destination.

Powell, however, found himself in the sights of the OACIQ syndic for having imitated the signature of a childhood friend without his knowledge.

In early July, he pleaded guilty to one count that he signed in place of this friend six documents in 2018 and 2019.

According to a summary of the facts, Powell signed in place of this friend during the acquisition of land allowing the construction of an income property in Boisbriand.

On the purchase offer, it was only the name of his friend that appeared, but it was Powell who actually signed, the trustee's investigation revealed. Powell was also acting as a broker in the transaction, according to a report.

In 2019, Powell's friend said he noticed his signature had been forged after receiving a formal notice from a company . He was unaware of the situation, he assured.

SERIOUS OFFENSES

“The fact of affixing a false signature is tantamount to fabricating false documents,” insisted the trustee.

“These are offenses of inherently high gravity. This type of reprehensible acts undermines the confidence that the public must have in members of the profession,” the Disciplinary Committee ruled.

David Powell had his license suspended for 30 days.

The latter told us for his part that he had a power of attorney to sign in place of his friend.

“It was a dispute between partners that escalated. […] It's not like a client Mr. and Mrs. Everybody, ”he defended himself, while saying that he only sells a few properties a year.

Troubling real estate story: He forged a friend’s signature

MAJOR SURVEY – REAL ESTATE Brokers
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