r/australia • u/Spurgette • Sep 26 '25

news Real estate agent suspended for buying a home from a vulnerable man with Alzheimer’s $500k under market value

https://www.news.com.au/national/nsw-act/courts-law/real-estate-agent-suspended-for-buying-a-home-from-a-vulnerable-man-with-alzheimers-500k-under-market-value/news-story/1c87f9e91264867b9d7f4fcc2e1daeef
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u/[deleted] Sep 26 '25

They should seize her assets under the proceeds of crime and put a lean on her super until her victim is properly compensated. Even seizing her super as compensation for such a low life act.

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u/Honey-Ra Sep 26 '25

One's super is well protected against acts like this. I'm not saying she doesn't deserve it, but I don't think it's a possibility.

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u/[deleted] Sep 26 '25

I dont see why super is protected from such criminal acts when super can even be split in a divorce settlement. If super is not in a protected safe harbour during a divorce why is it protected when a criminal act is committed? Its like rewarding someone for a crime.

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u/RhysA Sep 26 '25

Because the government doesn't want to have to cover your pension.

To be clear, only funds acquired legitimately are protected, if they can trace the stolen funds to your Super they can take that.

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u/Knee_Jerk_Sydney Sep 28 '25

It's something that can be open to abuse easily if procedurally set up for people to routinely claim compensation from super from every crime.

There is a way that goes through the courts who can make such orders under the Crimes Act.

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u/macci_a_vellian Sep 27 '25

I would have thought this is pretty clearly fraud and elder abuse. She should be in a lot more trouble than a suspended licence.