Anne Squires
Anne Squires

Anne Squires, former broker/owner of Exit Realty on the Rock in St. John’s, N.L. plead guilty to charges of theft, fraud, forgery and breach of trust last week.

She was accused of stealing from Exit Realty on the Rock’s trust account and of defrauding commission advance company AccessEasyFunds. She allegedly used forged sales agreements to get money from the company.



Squires’ lawyer and the prosecutor are working on a plea deal and trying to come to an agreement about the amount of money involved, reports The Telegram. The matter comes back before the court in June and if an agreement has been reached, a sentencing date will be set, the newspaper reports. If there has been no agreement, a two-week trial would take place starting Sept. 30, relating only to how much money was involved.  

The offences took place from 2014 to 2016. When the brokerage’s license was suspended on Feb. 4, 2016, it had 66 Realtors listed on realtor.ca, working from offices in St. John’s and Glovertown.

5 COMMENTS

  1. The sentence a joke. . White collar crimes should have greater penalties. She should have been sentenced to five years.

  2. Yes sad to say that every profession has its share of dealings with unlawful intentions and professional misconduct. Unfortunately not everyone is ethical.

    • Debra:

      To your concluding statement: Unfortunately, unethical people—by their very natures—are drawn to real estate sales like magnets to the poles; the lure of creating corrupt means to access easy money by way of twisting and turning in the wind is that strong. The chicken and the egg conundrum is revealed by this story, but with a different spin. What came first, greed or desperation? I opt for greed. To become desperate one has to have dug one’s greedy self so deep into the money pit that desperate means are the only hope for escape. To be desperate (for money) prior to getting into real estate commission sales denotes a certain lack of forward thinking in the first place, and it certainly reveals a naïve belief that money gained by one’s efforts therein will be rewarded quickly and in large amounts.

      I don’t think Squires was naïve or desperate for money before getting into real estate. I think enough was never enough for her. Now she will pay the price.

      I feel very fortunate that when I became a Realtor in 1980 and then again in 2008 I was not in need of quick, easy money, and that I was not a greedy person to boot by nature with my eyes always turned to the sales leader board nor to the zeros attached to my bank balance numbers. It is much easier to remain ethical, honest and upright when one does not need the excess money or the accolades from ladder climbers and ladder-makers. False ladder purveyors are the bane of this business. They appeal to those who have no business setting foot on the first rung of the ladder to heaven, aka the ladder to wealth.

      The ghost of Terry Paranych (pre hearing decision) lives on. The question then becomes: will these ghosts be allowed to be resurrected as newly-born-again Realtors? In Terry’s case the answer is yes; he can re-apply to be licensed again after a certain time period of penalty-box visitation and hoped-for personal reflection passes. That is the real injustice. These crooks get to try it all over again, in the same venue no less! Tsk, tsk, tsk.

  3. It is definitely unfortunate when these things happen and reflects badly on the industry however swift action by the industries police is always reassuring.

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