real estate agent jailed


PHOTO:  At the trial, Ngo asked the judge to spare him from spending time behind bars, but the judge warned him to prepare for a stint in jail nonetheless.

Former Melbourne real estate agent Tri Duc Ngo has been jailed for five years for misappropriating millions of dollars of his clients’ money.

The former LJ Hooker franchisee, who also goes by Joseph Ngo, was also ordered to pay $2.1 million in compensation to cover costs paid out to victims, according to News Corp Australia.

An LJ Hooker spokesperson said that the network welcomes the judge’s decision.

“LJ Hooker wholly supports our industry being held to account for the trust customers place in the profession,” the spokesperson said.