Former Jacksonville real estate broker WILLIAM A. CANADY has been sentenced in Onslow County Superior Court to two separate ten-year terms of imprisonment for embezzling funds received in real estate transactions. The first ten-year term is to be active, but the second term was suspended on condition that Canady repay the approximately $24,000 which he embezzled.

The legal and investigative staff of the Real Estate Commission assisted law enforcement officials in the investigation and prosecution of the case against Canady, whose broker's license was revoked by the Commission in April, 1985.