{"id":19970,"date":"2026-02-05T13:58:39","date_gmt":"2026-02-05T13:58:39","guid":{"rendered":"https:\/\/gangsterismout.com\/?p=19970"},"modified":"2026-02-11T19:27:13","modified_gmt":"2026-02-11T19:27:13","slug":"raman-dua-save-max-real-estate-inc","status":"publish","type":"post","link":"https:\/\/gangsterismout.com\/?p=19970","title":{"rendered":"Raman Dua, Save Max Real Estate Inc."},"content":{"rendered":"<p>Ontario\u2019s real estate regulator has taken enforcement action against 4 Save Max brokerages after an investigation found millions were unlawfully removed from real estate trust accounts. $2.7m was improperly taken from the Mississauga-based brokerages\u2019 trust accounts. RECO said the funds were used for purposes outside the terms of the trust, including loan payments, property management fees, taxes, credit card balances and vendor services.<br \/>\n<img decoding=\"async\" src=\"https:\/\/gangsterismout.com\/wp-content\/uploads\/2026\/02\/26_02_2022_13_07_51_Raman_Dua_office.webp\" alt=\"\" width=\"400\"\/><br \/>\nRaman and Nidhi Dua, the brokers of record of Save Max First Choice Real Estate Inc., are facing revocation of their registration and immediate suspension. RECO has also notified Peel Regional Police of its findings.<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/gangsterismout.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-08-085439.png\" alt=\"\" width=\"603\" height=\"591\" class=\"alignnone size-full wp-image-19972\" srcset=\"https:\/\/gangsterismout.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-08-085439.png 603w, https:\/\/gangsterismout.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-08-085439-300x294.png 300w\" sizes=\"auto, (max-width: 603px) 100vw, 603px\" \/><br \/>\nRaman Dua was 28 when he landed in Canada from Rohtak, Haryana, Punjab in 2003. Raman Dua established Save Max Real Estate Inc in 2010. The company is involved in buying, selling, renting and leasing homes.<\/p>\n<table><Tr><\/p>\n<td><iframe loading=\"lazy\" width=\"270\" height=\"500\" src=\"https:\/\/www.youtube.com\/embed\/H8KLCcNZ9I8\" title=\"Raman and Nidhi Dua\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/td>\n<p><Td><br \/>\nThe unlawfully disbursed funds were often replaced before month-end, when brokerages are required to complete trust account reconciliations.<\/td>\n<\/tr>\n<\/table>\n<p>RECO has issued notices of proposal to revoke registration, immediate suspension orders and freeze orders against the 4 brokerages. RECO said the actions came after it launched an investigation into Save Max in December 2024. Other offices of the disgraced broker are not affected. <\/p>\n<p><a href=\"https:\/\/www.savemaxrealty.ca\/\">https:\/\/www.savemaxrealty.ca\/<\/a> raman.dua@savemax.ca, raman.dua@savemax.com<\/p>\n<p>Shuttered locations are;<\/p>\n<p>Save Max Real Estate Inc. (\u201cSave Max\u201d)<br \/>\n1550 Enterprise Rd. Unit: 305 Mississauga, ON L4W 4P4 <\/p>\n<p>Save Max First Choice Real Estate Inc. (\u201cFirst Choice\u201d)<br \/>\n1550 Enterprise Rd. Unit: 305-B Mississauga, ON L4W 4P4 Brokerage\t<\/p>\n<p>Save Max Supreme Real Estate Inc. (\u201cSupreme\u201d)<br \/>\n1550 Enterprise Rd. Unit: 305-A Mississauga, ON L4W 4P4\tBrokerage\t<\/p>\n<p>Save Max Ace Real Estate (\u201cAce\u201d)<br \/>\n1550 Enterprise Rd. Unit: 305-E Mississauga, ON L4W 4P4\tBrokerage<\/p>\n<p>On February 3, 2026, RECO issued Freeze Orders on the bank accounts of the brokerages. These orders were issued to protect funds held in trust and to prevent withdrawals while safeguarding consumer deposits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ontario\u2019s real estate regulator has taken enforcement action against 4 Save Max brokerages after an investigation found millions were unlawfully removed from real estate trust accounts. $2.7m was improperly taken from the Mississauga-based brokerages\u2019 trust accounts. RECO said the funds were used for purposes outside the terms of the trust, including loan payments, property management [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[1120,1119,1121],"class_list":["post-19970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-nidhi-dua","tag-raman-dua","tag-save-max-real-estate-inc"],"jetpack_featured_media_url":"https:\/\/gangsterismout.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-08-084841.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/posts\/19970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19970"}],"version-history":[{"count":14,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/posts\/19970\/revisions"}],"predecessor-version":[{"id":19988,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/posts\/19970\/revisions\/19988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=\/wp\/v2\/media\/19973"}],"wp:attachment":[{"href":"https:\/\/gangsterismout.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gangsterismout.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}