Saturday, June 13, 2026

“Calgary Woman Sentenced to 4+ Years for $2M Fraud”

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A Calgary woman, Carol Lloyd, 66, was sentenced to four years and two months in prison for committing fraud by stealing almost $2 million from her employer. Lloyd fled to the UK twice to avoid facing the consequences of her actions. She pleaded guilty to the charges of fraud over $5,000 and was given credit for the time spent in custody in both Canada and the U.K. Justice Brandy Shaw ordered her to pay a fine equal to the stolen amount or face an additional five years in prison if she fails to do so.

In 2015, Lloyd orchestrated a significant fraud scheme by creating 117 false invoices while working as a property manager at FirstService Residential in Calgary. She embezzled over $1.8 million by setting up a fake company and diverting payments from her employer to that entity. Lloyd initially fled to the U.K. in 2015 to evade arrest but was eventually extradited back to Canada in 2021 to face the charges.

Despite being released on bail, Lloyd fled to the U.K. again within two weeks. Her extradition back to Calgary took four years due to her continuous attempts to remain in the U.K. In August 2025, Lloyd finally pleaded guilty to the charges against her. The prosecution sought a five-year sentence while the defense proposed a two-year sentence with credit for time served during the extradition process.

Justice Shaw acknowledged the delay in resolving the case was primarily due to Lloyd’s actions and emphasized that fleeing should not be rewarded. Lloyd’s dishonesty extended beyond fleeing, as she was found to have repeatedly lied to the courts. Multiple judges in both the U.K. and Canada highlighted her deceitful behavior and attempts to mislead the legal system to avoid extradition.

After a prolonged legal battle, Carol Lloyd was extradited back to Canada in 2025 to face the consequences of her fraudulent activities.

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