Man gets two years in jail for stealing $700,000 from Stratford farm equipment company

Jim Day
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A Supreme Court of P.E.I. judge sentenced Darryl Baird, 49, to two years in jail for stealing $700,000 from Reddin Farm Equipment while he was working for the Stratford company.

A former Stratford farm equipment employee has been sentenced to two years in jail for stealing $700,000 from the company.

Darryl Baird, 49, was also ordered to pay $647,000 in restitution on top of money already recouped.

While Baird has declared bankruptcy, he has more than $400,000 in assets available to creditors, the court was told.

Company president John Reddin noted in his victim impact statement that he felt "anger and disbelief'' over the crimes committed by a man he had considered to be his “best buddy and friend.’’

Reddin also said in his statement that his company, Redding Farm Equipment, will survive Baird’s crimes that took place over four years but not without some difficulty.

 

Geographic location: Stratford

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Recent comments

  • Observer
    December 17, 2015 - 07:46

    Basically he made $350,000.00 per year for his crime. And the chances of him paying back the $647,000.00 ordered by the court: nil. He won't be forced to sell his home, particularly if he has a family in it.

  • Joe Doe
    December 17, 2015 - 00:44

    YA DUNPHY I'M LIKE YOU,I THOUGHT THIS GUY WOULD BE GIVEN 30 DAYS AND SERVE TIME ON WEEKENDS,IT DOES SEEM PRETTY HARSH,POOR GUY,IT WAS ONLY 700,000,THATS NOTHING.

  • G Dunphy
    December 16, 2015 - 18:27

    What, no house arrest!