After fleeing to UK twice, Calgary woman gets 4-year prison sentence for $2-million fraud
CBC
A judge gave a four year, two-month sentence Friday to a Calgary woman who twice fled to the UK to avoid being sent to prison for stealing nearly $2-million from her employer.
Carol Lloyd, 66, pleaded guilty to fraud over $5,000 last summer. She received some credit for the time she’d spent in custody both in Canada and the UK and has two years left to serve.
Lloyd was also ordered by Justice Brandy Shaw to pay a fine equivalent to the amount of money she stole. If she fails to pay the fine she could face up to five years of further prison time.
In delivering her decision, Justice Shaw noted that in 2015, Lloyd created 117 false invoices and exploited her position as property manager of FirstService Residential in Calgary.
The judge described it as an “extremely large” fraud against the property management company.
Lloyd stole more than $1.8-million by setting up a company with a similar name to that of a legitimate contractor, and then arranging for payments to be made to that company from FirstService.
In November 2015, Lloyd flew to the UK to avoid arrest.
After unsuccessfully fighting extradition, Lloyd was returned to Canada in 2021 to face her fraud charges.
But she was released on bail and within two weeks, Lloyd was back in the UK.
It took another four years to get Lloyd returned to Calgary as she continued to fight to stay in the UK.
Finally, in the spring of 2025, Lloyd was back before a Calgary judge. She pleaded guilty in August.
Prosecutor Dane Bullerwell asked Justice Shaw to impose a five-year sentence, while defence lawyer Ryan Millar asked the judge to consider a two-year, time-served sentence.
Millar argued for his client to receive credit for the time she served while fighting extradition in the UK.
Shaw gave Lloyd a half-day of credit for each day she was in custody in England.
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