Former broker gets conditional sentence

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Early in 2002, B.C. broker Cheryl King shocked the local real estate community and the 35 sales reps at her Re/Max Assist Realty office in Kamloops when she disappeared, along with trust fund money and real estate commissions.
 
She faced charges of fraud, breach of trust and forgery, but it took until last month before the issue was resolved. King, now known as Cheryl Moseley, pleaded guilty to one charge of illegally accessing trust funds on June 21, reports The Daily News in Kamloops.
 
In an unusual sentence, Moseley was given a conditional sentence of two years less a day, which she will be allowed to serve at her home in Charles City, Iowa. She must also perform 120 hours of community service and was also ordered to repay $76,000 to Re/Max of Western Canada, which covered the losses.
 
In March 2002, REM reported that Re/Max of Western Canada had stepped in to replace missing trust funds and pay the commissions owing to Re/Max Assist Realty sales reps. The agents then joined the newly created Re/Max Real Estate (Kamloops).
 
Published reports say that Cheryl Moseley was born in the United States and worked for Re/Max International for more than 25 years. She also owned real estate companies in Alaska.


King met Kamloops rancher Bob King during a visit to B.C. The two developed a relationship and were married in 1993. But the marriage and Moseley’s finances were in trouble by 2001, prompting her to flee the country in 2002 with the trust fund money. The Daily News reports that the money she took was used to repay a loan to her mother.
 
In 2006, Moseley was working for Windermere Majestic Rim Properties in Payson, Arizona, where local media found out about the pending charges against her and questioned how she was able to get a state real estate licence. She relocated to Iowa, and The Daily News says that until recently she worked at a real estate office in Clear Lake.
 
Moseley was allowed to serve her sentence in the U.S. because she is suffering from several health issues, and she may require heart bypass surgery soon. The Daily News reports that the Crown prosecutors will ask U.S. authorities to oversee Moseley’s sentence and report to Canadian officials. 

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