- Homeowners and landlords will be compensated after funds from a LJ Hooker franchisee trust account went missing, the State Government says.
Consumer Affairs Minister Jane Garrett said on Saturday that the Victorian Property Fund would return money those out of pocket.
Hundreds of thousands of dollars had gone missing from the real estate agency trust, leaving homeowners and landlords out of pocket.
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Six LJ Hooker branches in Melbourne’s wealthy eastern suburbs run by the same couple have been forced to close