Wendy Machanik Properties (WMP) Pasco Investigation featured on Carte Blanche

Top Johannesburg estate agent Wendy ­Machanik’s property agency was in such deep ­financial trouble that she had to dip into clients’ ­deposits to keep the business afloat and fund her lifestyle.

This is according to a forensic report by Pasco Risk Management, which formed the basis of a provisional court interdict prohibiting Machanik from touching money in her agency’s trust accounts.

The Estate Agency Affairs Board (EAAB) tasked Pasco to ­investigate Machanik's company after receiving anonymous complaints.