realestate

Keller Williams executive faces allegations of receiving improper payments

Former Keller Williams exec Joshua Team faces new lawsuit alleging he accepted over $10 million in unauthorized payments.

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new lawsuit has been filed against Joshua Team, the former president and chief innovation officer at Keller Williams, alleging he accepted over $10 million in kickbacks while working for the company. The claims were made in a counterclaim filed as part of a breach of contract dispute between East Media Consulting and Aika LLC, a software development firm that worked with Keller Williams from 2016 to 2023.

    Team has denied the allegations through his attorney, Jacob Kring, who called the claims "a gross abuse of the court system" and argued that Aika fabricated false stories to avoid paying out. The lawsuit is one of several ongoing cases involving former Keller Williams executives, including co-founder Gary Keller and former CEO John Davis.

    The legal drama surrounding Keller Williams has been unfolding for two years, with allegations of sexual misconduct, fraud, racketeering, and embezzlement being made against the company and its leaders. Although some lawsuits have been dismissed, others continue to move forward, including a class-action lawsuit over the brokerage's profit-sharing program.

    Team left Keller Williams in 2021 and joined Serhant two years later. He is now facing claims that he set up East Media with the Texas Secretary of State in 2016 as part of an arrangement where Aika would pay East Media a portion of its profits for client referrals. However, the contract allegedly fell apart when Aika stopped making payments to East Media and refused to turn over its books.

    Aika has denied the claims, arguing that the contract was never valid because it was used by Team to steer business from Keller Williams to Aika and earn a share of the profits. The case is ongoing, with Team's attorney moving to dismiss the claims against him.

Keller Williams executive accused of accepting improper payments in real estate scandal.