A falsified letter was presented to a potential lender in support of a mortgage application for which the Member was one of the proposed mortgagees. During the investigation, the Member represented that they played no part in the letter’s preparation, and states that their spouse handled all aspects of the mortgage application. When the Member became aware of the existence of the falsified letter, they failed to take sufficient action to correct the false information in it.
The Investigation Committee determined the Member contravened Rule 201.1 (Maintenance of the good reputation of the profession) of the CPABC Code of Professional Conduct.
The Committee recommended the Member:
- accepts a reprimand; and
- pays partial expenses of $2,500.