An Ontario regulator has laid 124 new charges against a Toronto home builder accused of constructing and selling homes without a licence.
On Thursday, the Home Construction Regulatory Authority (HCRA) announced the charges against Albion Building Consultant Inc. and its five business associates in connection with the construction of 40 new homes.
Earlier this year, the HCRA, a non-profit organization that regulates home builders and vendors in Ontario, revoked Albion’s licence because it said the company “would not operate lawfully or with honesty and integrity.”
However, Albion allegedly continued to build homes illegally.
It prompted the HCRA to search Albion’s offices in February, resulting in the seizure of hundreds of thousands of business records.
The regulator added that it subsequently issued a freeze order to prohibit Albion from withdrawing purchasers’ funds. The order also required the company to hold the funds in trust.
The HCRA said the new charges against Albion were based on the evidence obtained during the search, revealing alleged extensive violations.
The charges …