A Calgary woman, Carol Lloyd, was sentenced to four years and two months in prison by a judge on Friday for stealing almost $2 million from her employer. Lloyd, aged 66, admitted to committing fraud over $5,000 last summer. She was given credit for time served in both Canadian and U.K. custody and has two years remaining on her sentence.
Justice Brandy Shaw also ordered Lloyd to pay back the stolen amount as a fine, warning that failure to do so could result in an additional five years behind bars. Justice Shaw highlighted that in 2015, Lloyd fabricated 117 false invoices while working as a property manager for FirstService Residential in Calgary, describing it as a significant fraud against the company.
Lloyd embezzled over $1.8 million by creating a company with a similar name to a legitimate contractor, diverting payments from FirstService to this fraudulent entity. In an attempt to evade arrest, Lloyd fled to the U.K. in November 2015. After a lengthy extradition process, she was brought back to Canada in 2021 but absconded to the U.K. again shortly after being released on bail.
It took four more years to return Lloyd to Calgary, where she eventually pleaded guilty in August 2025. Prosecutors sought a five-year sentence, while the defense proposed a two-year term with credit for time served. Justice Shaw granted Lloyd partial credit for her time in English custody but emphasized that the prolonged legal proceedings were a result of Lloyd’s actions.
Lloyd’s repeated attempts to evade justice were noted by the judge, who highlighted her dishonesty in court and the fabrication of false information, including claims of suicide attempts. After multiple extradition attempts, Lloyd was extradited back to Canada in 2025.
