Top News

Former realtor Anne Squires' case postponed to next month

Anne Squires.
Anne Squires.

The lawyer representing Anne Squires — former owner of shuttered real estate operation Exit Realty on the Rock — is waiting on the complete evidence package before proceeding with the case.

When the case was called this morning in provincial court in St. John's, Randy Piercey told Judge Mark Pike that he hasn't received all the information from the Crown. 

They agreed to set the case over to Feb. 8 to allow time to process it. 

The 57-year-old Squires — who wasn't in the courtroom — has been charged with seven counts, including two counts each of theft over $5,000, fraud over $5,000 and forgery and a single count of criminal breach of trust.

She originally faced eight counts, but one breach of trust count was withdrawn because her name had been misspelled on court documents. The remaining breach of trust charge will encompass the entire reported incident, the court was told. 

Between July 3, 2014, and Dec. 31, 2015, Squires reportedly stole thousands of dollars from Exit on the Rock.

Also during those dates, according to court documents, Squires, being a trustee of 50549 NL Inc., operating as Exit Reality on the Rock, had intent to defraud her trust by converting and converted monies to a use that was not authorized by the trust. 

Between Sept. 24, 2015, and Feb. 2, 2016, Squires was said to have defrauded Access Easy Funds Ltd. Also during those dates, Squires allegedly forged a false purchase and sales agreement. 

Squires is due to make her first court appearance Jan. 3.

Squires is already facing several civil lawsuits. 

It was back on Feb. 4 when the province’s superintendent of real estate suspended Exit Realty on the Rock’s real estate licence.

A police search of company offices Feb. 16 resulted in the removal of files and technology by police.

The Royal Newfoundland Constabulary then confirmed at that time that an ongoing investigation into the company, based on allegations of theft, fraud and breach of trust.

The criminal charges were officially laid in November 2016.

This past summer, Squires filed an application in provincial court to gain access to property police seized from her.

In a claim filed with Supreme Court of Newfoundland and Labrador on Sept. 6, Squires says she paid Ron Ellsworth and/or his corporation Ellsworth Holdings $137,412 in interest on a $50,000 loan.

It was an overpayment in interest, she claims, made by cheque and cash.

The payments, according to the written claim, “exceeded permissible Criminal Code interest,” with the interest demand reaching 120 per cent annually.

rmullaley@theyelegram.com

Twitter: TelyCourt

 

 

Recent Stories