Looks like the “Ponzi Scheme” season is in rise again. Kindersley Travel Agent, Leslie Denise Glauser, got a three-year prison sentence on Tuesday, following her guilty plea in December. The former owner of T&T Travel, admitted to defrauding over 250 victims in the name of “destination holiday”. In total, the amount lost to victims is more than $1million!
In addition, the judge ordered that she paid $200,000 as part of the joint sentencing submission. 45 year old Leslie, indeed knew what she was up to. According to her lawyer, Robert Robbenhaar, Leslie initially started her business legally. She bought the firm in 2001 and had smoothly run its affairs until 2014, when things began to fall apart. She often withdrew money from the business leading to so much debt. Leslie’s father, even apparently gave his daughter $114,000 to pay off her debts, with a piece of sound advice- close down the business. Yet, she disregarded the advice.
Prosecutor Darren Howarth told court, “The money is gone; there’s not money stashed anywhere”. The trick Leslie used was to sell travel packages at a “discount” to others in order to foot the bills of upcoming trips. Reports say that 200 of the victims, who had lost their monies between February 2014 and December 2017, had their monies refunded by credit companies. However, the remaining 50 did not get a refund and were still owed cash worth about $30,000.
“She knew what she was doing was wrong,” Howarth added.
There were also four victims who took the stand to testify against Leslie.
Among them was, Cheryl Bleile, whose son engaged T&T Travel for his destination wedding, after winning a “discounted” travel package from them. Cheryl disclosed that at least 32 guests paid, in total, an amount of $40,000. It turned out that the agency only made a deposit of $300 for the entire arrangement! Eventually, the ceremony had to be rescheduled. Cheryl explained that the experience of losing money was “emotionally upsetting”.
To end the trial, Provincial court Judge R.D. Jackson asked Leslie Glauser if she had anything to say, the T&T Travel boss replied: “I just wanted to let you all know that it snowballed over time. I just wanted everybody to get everything that they paid for.” Howarth, who seemed to be pleased with the final sentence of Glauser, also added that she would get a job after doing her time in order to pay up the remaining victims. “The $200,000 figure is more attainable than the $1 million total,” he concluded.