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UPDATE: GMFRC Fraud

GMFRC

GMFRC

Published on June 18, 2012
The Register/Advertiser
Published on June 16, 2012

According to documents included in the civil suit filed against a woman who has admitted to siphoning funds from the Greenwood Military Family Resource Centre, she is the owner of three properties.

Last week, The Kings County Advertiser/Register uncovered the story that Karen Lorraine Byers of Harbourville had been ordered to repay $400,000 to the centre following a civil judgment made in Nova Scotia Supreme Court.

Byers had admitted to taking the funds during her 13-year tenure at the centre. No criminal charges have been filed against Byers, but the matter is under investigation by the Canadian Forces National Investigative Service.

Included in the documents filed with the court last month are details of the properties that Byers co-owns in Nova Scotia, including two homes in Kings County.

They include a two-acre home on English Mountain Road in Coldbrook, which is valued at $383,800. Checks of online real estate websites have shown that the property has been listed for sale for $349,900 since January 2012. It had previously been listed for a higher price and had been on the market since May 2011.

A second home she co-owns is located on a three-acre lot on Long Point Road in Harbourville, which is valued at $391,000. That home has not been listed for sale, according to the online real estate websites.

The third property is located on Lakeshore Drive in New Russell, Lunenburg County. The 36,802 square foot property was valued at $42,400 in 2011.

An order was made against Byers on May 2 for repayment of $403,340.95, which includes accumulated interest since the judgment was made Feb. 29. The judgment also covers legal and accounting costs and interest of five per cent per year will be charged until the amount is paid in full.

There is currently no court-ordered repayment schedule. 

Comments

  • Username
    sandico
    - June 19, 2012 at 09:51:57

    Shame on her!! I hope she is not a DND employee!! Make her pay back every cent with interest & confiscate her homes.

    Submit a comment

  • Username
    Ron G
    - June 18, 2012 at 16:28:11

    I do hope that if this story is as is written then further action will be taken against this woman. If this is all there is to it then it sounds lie she may have gotten a sweet deal.

    Submit a comment

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