PHOTO: Two Harcourts agents were fined $10,000 over a vanishing $1.2m of client funds. Photo / Supplied

Two Auckland Harcourts real estate agents found guilty of misconduct this month have been fined a total $10,000 for their failure to tell a state authority about $1.2 million of clients funds vanishing.

Joe Voordouw has been fined $6000 and Garry Mason $4000 by the Real Estate Agents Disciplinary Tribunal. Both were censured but the tribunal said it did not consider an order for further education was needed for the men.

The misconduct finding alone sent “a strong message to the industry”, the tribunal said.