Gina is a real estate agent. She is selling a block of home units “off the plan” (before they were built) for Simonds. Gina becomes aware that a completing development has run into problems with council approval and is not likely to proceed. This mean that Simonds units will be worth much more than planned. Seeing a commercial opportunity Gina does two things;

She helps finance a friend to buy several of the units to on sell later at a big profit that they will both split.

In return for a cash payment she tells several buyers of the likely increase in value of the units.

After all the units are sold, it becomes clear to Simonds what has happened.

Has Gina done anything unlawful? Explain your answer using relevant agency law principles. Use legal cases and legislation to support your answer.