Toronto police say a 66-year-old woman has been sentenced to 3 1/2 years in prison in condominium fraud case.
They say Meerai Cho, who had been facing 25 counts each of fraud over $5,000, possession of property obtained by crime, and breach of trust, pleaded guilty Wednesday to criminal breach of trust.
When Cho was charged in 2014 it was alleged that, acting as a lawyer on behalf of the Centrust Group, she completed purchase-and-sale agreements for pre-construction condominiums and accepted deposit cheques from the buyers.
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It was alleged that when the project was cancelled, she did not return the deposits and the purchasers lost in excess of $2 million.
The Law Society of Upper Canada suspended Cho’s licence to practise law in August 2014.
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The Law Society has a compensation fund to helps clients who have lost money because of the dishonesty of a lawyer or paralegal.
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