Rui Alves
Rui Alves is one of the founders of iPro Realty Ltd., a brokerage that recently faced a significant financial crisis leading to its shutdown by the Real Estate Council of Ontario (RECO). Alves, along with his co-founder, was involved in an undertaking with RECO to wind up the brokerage after it was revealed that over $10 million was missing from trust accounts, which are essential for holding realtor commissions and homebuyer down payments.
Not in the pool (under ¢1).
Recent news mentions
Rui Alves is the director of the Aeroporto do Porto.
Sete debates pelo país vão reflectir sobre o que aconteceria se o turismo acabasse | Turismo
Portugal· 2026-05-27
Rui Alves initiated the site orcas.pt in October 2022 to monitor interactions between orcas and boats.
Interacções entre orcas e barcos na Península Ibérica aumentam desde 2020 | Espécies AmeaçadasPortugal· 2025-09-27
Rui Alves is another owner of iPro Realty facing legal issues related to the company's debts and financial practices.
iPro Realty’s debt exceeded its value, court documents show
Canada· 2025-09-21
Rui Alves is one of the former owners of iPro Realty Ltd. who is involved in a legal action regarding the misappropriation of trust funds.
Real estate regulator seeks court order to recover millions allegedly removed from trust accounts at iPro RealtyCanada· 2025-09-12
Rui Alves was one of the owners of iPro who informed the regulator about a shortfall in its trust account.
Official from Ontario’s real estate regulator leaves post after collapse of iPro RealtyCanada· 2025-08-23