Special Compensation Hearing

Published on
squircle icon
Katharine Virtanen
Brokerage at Time of Sanctioned Activity
Planet Group Realty Inc.
Current Brokerage
Special Compensation Hearing Date
25 May 2020


The Council received a claim for compensation from the Special Compensation Fund from Mr. Schut and Ms. MacCallum in connection with the actions of Ms. Virtanen. A hearing was held to determine whether the claimant’s funds were:

  1. Misappropriated or wrongfully converted;
  2. Intentionally not paid over or accounted for; or
  3. Obtained by fraud.


A Compensation Committee of the Council found that Mr. Schut and Ms. MacCallum suffered a compensable loss as a result of the conduct of Ms. Virtanen and assessed that loss in the amount of $30,000.

The Compensation Committee directed that a certificate be issued in that amount.

PDF Files

Special Compensation Hearing

Full special compensation hearing is available as a PDF.

download icon Download PDF