A Halifax-area property manager has pleaded guilty to one count of fraud involving more than $200,000 on what was supposed to be the opening day of an eight-day trial.

Iris Doreen Procenko, 52, pleaded guilty during a brief appearance Wednesday morning in Nova Scotia Supreme Court in Halifax. She is to be sentenced in June.

She was facing 15 charges. The remaining 14 will be dealt with at sentencing.

Procenko owned and operated two companies, Secure Property Management and Maritime Property Management, that provided services to condo corporations and building owners.

In 2013, clients started complaining they weren’t getting the required financial statements from Procenko and her companies. Concerned, some condo corporations started their own investigations.

According to an agreed statement of facts introduced at Wednesday’s court appearance, those investigations revealed that money that was supposed to be deposited in reserve or contingency fund accounts for various clients was instead going into the account of Maritime Property Management.

The investigation showed that the deposits were made without the required authorizations. Sometimes, there were just cheques with Procenko’s signature on them, instead of the required signatures of two members of the condo boards. In other cases, cheques were deposited with no signatures on them.

Police started investigating Procenko’s activities in March 2014. They hired a forensic accountant to look into her activity.

The accountant determined that more than $230,000 was forwarded from Procenko’s corporate accounts to a payroll company, Ceridian Canada.

The accountant found the money came from six condo corporations in the form of rent and damage deposits. Instead, Ceridian used it to pay salaries of Procenko’s employees.

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