Adina Barbour Gets 5-Years for Mortgage Fraud
LETHBRIDGE – After almost six years before the courts, 49-year old Adina Barbour has finally been sentenced for a mortgage fraud totaling more than $2-million.
Justice R. Jerke handed Barbour five years in prison Friday afternoon (Aug 19), along with an order to provide a sample of her DNA and a restitution order.
As part of the restitution order, Barbour will have to repay $7,500 to one of her victims. The nearly $470,000 that was lost by the Canadian Mortgage and Housing Corporation was not included, as Justice Jerke stated that Barbour likely wouldn’t be able to repay it, as she is already $200,000 in debt. He added that the exact number of their loss was also difficult to determine.
As the CMHC is a Crown corporation, Canadian taxpayers will be the ones to cover the loss.