“Calgary Woman, 66, Sentenced to 4 Years for $2M Fraud”

A Calgary woman, Carol Lloyd, aged 66, received a four-year and two-month sentence from a judge on Friday for committing fraud over $5,000 by stealing close to $2 million from her employer. Lloyd had fled to the UK twice to evade imprisonment. She was given credit for time served in custody in both Canada and the UK, leaving her with two years remaining on her sentence.

Justice Brandy Shaw also ordered Lloyd to pay a fine equal to the amount she had stolen, warning that failure to do so could result in an additional five years of imprisonment. In 2015, Lloyd orchestrated a significant fraud scheme by creating 117 fake invoices while serving as the property manager of FirstService Residential in Calgary.

Lloyd embezzled over $1.8 million by establishing a fraudulent company with a name similar to a legitimate contractor and directing payments to that entity from FirstService. After fleeing to the UK in November 2015 to avoid arrest, Lloyd was eventually extradited back to Canada in 2021 to face charges. Despite being released on bail, she absconded to the UK within two weeks.

It took four more years to bring Lloyd back to Calgary as she fought extradition. Ultimately, in the spring of 2025, Lloyd pleaded guilty to the charges. The prosecution sought a five-year sentence, while the defense proposed a two-year, time-served term, emphasizing the time spent contesting extradition in the UK.

Justice Shaw credited Lloyd with half a day served for each day in custody in England. Lloyd’s age and health conditions were considered during sentencing, although the judge highlighted that the lengthy legal process was prolonged by Lloyd’s actions and that fleeing should not be rewarded.

Aside from fleeing twice, Lloyd was found to have repeatedly lied to the courts, including making false assertions about attempting suicide. Despite her efforts to mislead the courts, Lloyd was eventually extradited back to Canada in 2025 after numerous legal battles and extradition requests.

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