The Financial and Consumer Services Commission has started enforcement action against a Saint John man and his company.

Robert Johnson of Oak Bay Consulting is accused of arranging two separate mortgages on two Saint John properties and accepting broker fees in each instance without being licensed under the Mortgage Brokers Act.

That is according to a statement of allegation filed by the commission with the Financial and Consumer Services Tribunal.

The commission also alleged that Johnson violated the Cost of Credit Disclosure and Payday Loans Act by coordinating and brokering loans without registration, falsifying information, and counselling someone to provide misleading information on a loan application.

None of the allegations made by the commission against Johnson and Oak Bay Consulting have been proven.

It will be up to the Tribunal to hear the case and determine any penalties or other orders. Johnson will also have the opportunity to file a defense to the allegation.

The commission is asking for Johnson to be ordered to cease all activities contravening the two Acts, return all money received through the alleged unlicensed activity, and pay administrative penalties deemed acceptable by the Tribunal.