All Topics / Creative Investing / Real estate directors charged over marijuana crop.

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  • Profile photo of AlasdairAlasdair
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    @alasdair
    Join Date: 2005
    Post Count: 34

    Ok not exactly "Creative Investing" …..

    Two directors of a high-profile real estate franchise have been charged after police allegedly uncovered cannabis crops in a number of residential properties in Melbourne's north.

    The joint owners of Barry Plant Real Estate's Epping branch and another man were charged with cultivating and trafficking a large commercial quantity of drugs after police executed 16 search warrants at properties in Epping, Wollert, South Morang and Mill Park, seizing about 3000 plants.

    Barry Plant chief executive Mike McCarthy said the company, which operates independently of the Epping franchise, was ''shocked and dismayed'' at the pair's alleged activities, believed to have been carried out at properties they managed.

    Mr McCarthy said: ''We've taken immediate steps to contact the property owners. This was an isolated office, it's owned by these two individuals, they have nothing to do with the operation of other Barry Plant offices apart from Thomastown branch, which they also manage.''

    Mr McCarthy said the accused men were ''professing their innocence'' and had co-operated with Barry Plant's head office.

    Whittlesea Crime Investigation Unit detectives along with the Mill Park Divisional Response Unit executed the search warrants as part of an ongoing investigation, police said.

    A 52-year-old Greenvale man and a 52-year-old Lalor man have been charged with cultivation and trafficking of a large commercial quantity of drugs, while a 52-year-old Epping man has been charged with cultivation.

    Read more:

    http://www.theage.com.au/victoria/real-estate-directors-charged-over-marijuana-crop-20130309-2ft8h.html

    Profile photo of Nigel KibelNigel Kibel
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    @nigel-kibel
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    thats one way to make properties positive cash flow lol

    Nigel Kibel | Property Know How
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    Profile photo of Scott No MatesScott No Mates
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    "Barry Plant's" real estate…heh heh heh – the name says it all.

    Profile photo of Steve McKnightSteve McKnight
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    I'm sorry… I thought they were just 'weeds'!

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
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    Success comes from doing things differently

    Profile photo of DWolfeDWolfe
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    Lol!

    Were the landlords being charged for a gardener too?

    D

    DWolfe | www.homestagers.com.au
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    Profile photo of Richard TaylorRichard Taylor
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    @qlds007
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    Sounds like they were a bit dopey in their action.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of Jamie MooreJamie Moore
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    @jamie-m
    Join Date: 2010
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    I remember a similar story last year where the realestate.com ad for a rental showed pics of the backyard – one of the pics identified a small crop of "weeds" that landed the tenants in a bit of trouble.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
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    Profile photo of oc1oc1
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    You do realise one of the guys, Chris, shot himself a few days ago? The above comments become a bit tasteless now don't you think?

    Oscar

    Profile photo of Tony FlemingTony Fleming
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    @the-dark-knight
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    A jokes a joke

    Tony Fleming | Triumphant Property Group
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    NSW Buyer's Agent specialising in Western Sydney-Blue Mountains-Orange-Albury

    Profile photo of FreckleFreckle
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    oc1 wrote:
    You do realise one of the guys, Chris, shot himself a few days ago? The above comments become a bit tasteless now don't you think?

    Oscar

    My only regret is that more drug pushers don't follow his example when caught.

    Profile photo of jmsracheljmsrachel
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    Would save us a lot of tax payers cashola

    Profile photo of DWolfeDWolfe
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    @dwolfe
    Join Date: 2009
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    Hi Oscar,

    Apologies if you knew the people involved and the these comments offended you. They were made when the story first broke.

    I haven't been able to find any news article about a suicide, I think as an adult if you do choose to commit suicide over something like this there are more issues than just a couple of mull plants.

    D

    DWolfe | www.homestagers.com.au
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    Profile photo of alfrescodiningalfrescodining
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    @alfrescodining
    Join Date: 2012
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    I'll say something even more tasteless.

    The only good drug dealer is a dead one.

    Selling drugs should attract the death penalty. It ruins people's lives. The self-adminstered death penalty of a drug dealer is not a bad outcome for society. It's even cost-effective.

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Post Count: 47

    It's creative, I'll give it that. 

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