Real estate consultant guilty of fraud-related charge
Published Thursday, April 26, 2012 12:32PM CST
A Regina real estate consultant has been given a conditional discharge with probation and community service after she was found guilty of a fraud-related charge.
Justice Ellen Gunn found Jean Clive guilty Thursday of false pretence, but acquitted her of a more serious charge of fraud over $5,000.
The allegations stem from a real estate deal involving major renovations to a Regina home that was sold in 2008.
The mortgage provider, Saskatoon-based Concentra Financial Services Association, approved a loan which included more than $48,000 for the renovations.
Clive was tasked with appraising the home to ensure the renovations were completed before money for the project was released.
Court heard Clive sent two letters Concentra, one indicating that the renovations were nearly finished and a later correspondence that stated the project was complete.
The firm gave the couple the agreed amount for the renovations, but no work had been completed. As such, the money had been released under false pretence, said Crown prosecutor Jerome Tholl.
Tholl noted that Clive didn't benefit financially from the fraud, but Canada Mortgage and Housing Corp. lost just over $12,000 in the deal.
Defence Lawyer Alan McIntyre said his client is remorseful and accepts responsibility for her actions.
Before she was sentenced, Clive told the court "I made a mistake and I'm sorry."
Gunn accepted a joint submission of a conditional discharge with 24 months of probation and 180 hours of community service.
The 59-year-old was also ordered to pay full restitution to CMHC, in addition to a $100 victim surcharge.