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Regulators have frozen the bank account of a B.C. company and ordered two of its operators to immediately cease providing unlicensed real estate services, following the earlier suspension of two licensed B.C. realtors in related disciplinary orders.

B.C.’s Office of the Superintendent of Real Estate has ordered Shangren Vancouver Settlement Service Ltd. and its operators Feng “Fanny” Ni and Xiao Wen “Wendy” Ye to immediately cease providing unlicensed real estate services in B.C., according to a joint statement Thursday from the Financial Institutions Commission and the Real Estate Council of B.C. None of them have ever been licensed to provide real estate services in B.C.

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The cease-and-desist order and the bank account freeze were issued this week under “urgent circumstance” in the public interest, subject to further investigation and a possible hearing, said Ministry of Finance spokesman Jamie Edwardson.