PHOTO: The investigation identified that between January and July 2017, $46,793 of rent money received by the agency was converted to Ms Provan’s own use

One agent has been fined and banned from the real estate industry for a decade after being found guilty of serious wrongdoing.

Elizabeth Anna Provan, from the Sunshine Coast, was found guilty of wrongfully converting trust money and acting as an unlicensed property agent.

Ms Provan has been banned from the real estate industry for 10 years and has been fined $25,000.

Ms Provan, sole director and former principal licensee of Dicky Beach Real Estate, was handed the sentence by the Caloundra Magistrates Court after charges were brought forward by the Office of Fair Trading for breaches in the Property Occupations Act 2014.