MONCTON – A 48-year-old former investment dealer who pleaded guilty to taking funds from New Brunswick and Prince Edward Island clients was sentenced Monday to 42 months in prison.
Catherine Darlene Ford, who used to go by her married name Ryan, pleaded guilty to six charges of fraud last November.
She worked for ScotiaMcLeod from 1999 until 2010.
Court heard during her trial that she removed about $1.3 million from accounts belonging to her clients.
Judge Pierre Dube of the Moncton provincial court gave Ford credit for time served in Canada awaiting trial, reducing the total sentence to 36 months.
Ford has already been permanently barred from working as an investment dealer after a hearing was held before the Investment Industry Regulatory Organization of Canada.
She was also fined $1 million and ordered to pay the organization $7,500 in costs.