An Ontario Ponzi scheme operator who purported to be making lipstick to bilk her victims out of millions of dollars has been sentenced to four years in prison and fined $610,856.

If she can’t pay the fine levied by the Ontario Court of Justice within five years of her prison sentence expiring, Glenda Marie Esteves must serve another 18 months behind bars.

“I find Ms. Esteves is entirely responsible for the financial loss of every victim of her fraudulent scheme. She was the sole beneficiary of the millions of dollars she fraudulently obtained. The location of the money is unknown,” Justice Cidalia Faria wrote in a recent decision out of Toronto.

The Crown filed 22 victim impact statements in Esteves’ case.

“Reading these statements is to read a litany of heartache and hardship, broken

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