Jail time for Rhonda McCarthy in condo fraud

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Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

Rhonda McCarthy, a Springwater, Ont. woman who was charged with defrauding multiple condominiums was sentenced earlier this week to more than four years in prison.

The 42-year-old was charged with misappropriating close to $1 million while working as bookkeeper and chief administrator at a property-management company.

McCarthy pleaded guilty to 18 counts of fraud in total.

For 16 of the fraud charges, she was sentenced to 30 months in jail for each count, to be served concurrently, and two years less a day for two other fraud charges, which will also be served concurrently.

McCarthy will also have to pay restitution of $909,891 to a variety of property-management companies. If that money isn’t paid back within six years, she’ll face the possibility of another three-years in jail.

Read more at The Enterprise Bulletin

This article is summarized by Canadian Fraud News Inc.