A Calgary woman, Carol Lloyd, has been sentenced to four years and two months in prison for committing fraud by stealing almost $2 million from her employer. Lloyd, 66, admitted guilt to fraud over $5,000 last year. She has two years remaining on her sentence after receiving credit for time spent in custody in both Canada and the UK.
Justice Brandy Shaw also mandated Lloyd to pay a fine equal to the stolen amount. Failure to do so could result in an additional five years of imprisonment. In 2015, Lloyd orchestrated a significant fraud scheme by fabricating 117 false invoices while serving as the property manager at FirstService Residential in Calgary.
Lloyd embezzled over $1.8 million by establishing a fake company resembling a legitimate contractor’s name and directing payments from FirstService to that entity. In a bid to escape arrest, she fled to the UK in November 2015. Despite her extradition from the UK in 2021 to face charges, Lloyd absconded back to the UK within two weeks after being released on bail.
It took four more years to bring Lloyd back to Calgary as she fought to remain in the UK. Finally, in the spring of 2025, she pleaded guilty before a Calgary court. The prosecution sought a five-year sentence, while the defense advocated for a two-year, time-served term, considering Lloyd’s time spent contesting extradition in the UK.
Justice Shaw granted Lloyd a half-day credit for each day spent in English custody. Lloyd’s age and health conditions were also taken into account during sentencing. The judge emphasized that the prolonged case resolution, spanning a decade, was solely due to Lloyd’s actions and stated that offenders should not benefit from fleeing.
Aside from her multiple escapes, Lloyd was found to have provided false information to the courts. In a 2020 ruling rejecting her extradition challenge, it was determined that Lloyd had been dishonest, including making untrue claims of attempted suicide. Lloyd’s extradition was eventually ordered by the UK Secretary of State, and she was sent back to Canada in June 2021.
Upon her return to Calgary, Lloyd was released on bail in July 2021 but once again fled to the UK in violation of her bail terms. Following a second extradition request in 2023, Lloyd continued to contest extradition. British courts highlighted her untruthful statements and motivations to avoid being extradited.
In 2025, Lloyd was once more extradited to Canada to face the legal consequences of her fraudulent actions.