February 13, 2013
No jail time for fraudster
By James Turner, QMI Agency
The former CEO of an aboriginal health services concern and co-manager of an Interlake First Nation won’t see jail time for bilking the two agencies out of more than $250,000.
Daryl Cote, 57, was handed a conditional sentence of two years less a day after admitting to defrauding the now-defunct health agency Anishinaabe Mino-Ayaawin (AMA) Inc., and the Dauphin River First Nation.
Cote was charged in 2009 after a four-year RCMP investigation prompted by a Health Canada audit of the AMA which revealed shady transactions and financial irregularities between 1999 and March 2004.
Cote manipulated financial transactions involving cash and cheques in his positions of trust at the two organizations, court heard.
The money went towards “lifestyle enhancements,” Judge Lynn Stannard said Tuesday, but added there was no evidence of lavish spending on Cote’s part.