A Calgary woman who admitted to defrauding her employer of almost $2 million will have to wait until the new year to learn her fate. A sentencing decision for 66-year-old Carol Lloyd has been adjourned to early 2026 following a hearing at the Calgary Courts Centre.
Guilty Plea and Arguments for Leniency
Carol Lloyd pleaded guilty to fraud over $5,000 in August. The charge carries a potential prison sentence ranging from a minimum of two years to a maximum of 14 years. Lloyd has already spent more than 200 days in jail since being extradited to Canada from the United Kingdom in May 2025.
During Monday's hearing, her defence lawyer, Ryan Millar, urged the court to consider several factors for a lighter sentence. He pointed to Lloyd's guilty plea, her expressed remorse, and her stated willingness to repay the stolen funds. Millar also highlighted his client's declining health as a mitigating circumstance.
Crown and Judge Raise Doubts
The Crown prosecutor countered that Lloyd has not demonstrated sufficient remorse and instead "views herself as a victim of the process." Prosecutors noted she had access to medical care at the remand centre but declined it on occasions due to embarrassment.
Justice B.L. Shaw also expressed skepticism about Lloyd's testimony. The judge found inconsistencies, particularly regarding assurances about repaying the money. Furthermore, Justice Shaw said Lloyd did not provide "credible evidence" to support her claim that she and her husband were forced into the fraud by her son and an unnamed criminal gang.
Apology in Court and Case Adjournment
Lloyd, who was present in court, addressed the judge directly. She apologized for her actions and spoke about her health, her desire to spend time with family, and plans to volunteer. "Listening this morning, I feel like it wasn't me, but of course it was. I was obviously ill," Lloyd stated. "I want to extend how remorseful I am. I'm very ashamed of what happened and what I did."
The fraud allegations stem from Lloyd writing 99 cheques to herself over an 18-month period while employed at the company. Following a request from her lawyer, Justice Shaw agreed to adjourn the sentencing. The case is now scheduled to resume on Friday, January 9, 2026.
