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Cole Harbour woman charged in $425K fraud

Police are asking motorists to avoid this area and seek alternate routes. Global News/ File

Police have charged a 51-year-old Cole Harbour woman with a series of fraud-related offences, which date back four years.

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More than a dozen corporations and individuals were defrauded out of more than $425,000 between January of 2012 and January of 2016.

Investigators say they first received complaints about about Maritime Property Management Inc., which is also known as Secure Property Management in March 2014.

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The company acts as a liaison between owners, residents and contractors by preparing annual budgets and overseeing accountants. Police say clients reported there had been issues with receiving rent cheques, as well as insufficient and missing funds.

Iris Doreen Procenko is facing four counts of theft over $5,000, 10 counts of fraud over $10,000, criminal breach of trust, possession of property obtained by crime, laundering proceeds of crime and false pretense to obtain credit.

She is scheduled to appear in Dartmouth Provincial Court on Oct. 4.

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