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Data leak at Desjardins: Industry watchdog wants to ban mortgage broker

Posted on March 25, 2022 by Dissent

Hugo Joncas reports (machine translation follows):

Mathieu Joncas, who is also a private lender, bought confidential information on “150,000 to 200,000” Desjardins customers without ensuring their consent. During the hearings, he admitted having given this information to a fellow broker in January 2017.

In September 2021, the disciplinary committee of the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) also found him guilty of having obstructed the syndic’s investigation into him.

Mathieu Joncas will also be sanctioned for having placed himself in a situation of conflict of interest by acting both as a mortgage broker and as a private lender with some of his clients.

Read more at LaPresse.

Category: Business SectorFinancial SectorNon-U.S.

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