A Somerville-based realtor avoided jail time after admitting to defrauding clients of more than $100,000, according to the Middlesex County district attorney’s office. Between 2007 and 2009, Farkhanda “Kandy” Tarar Shah, 61, of Peabody repeatedly spent deposits from clients of K-Realty, her real estate company, on business and personal expenses. When deals fell through, she never returned the deposit on multiple occasions, according to prosecutors. Shah pleaded guilty to charges of felony larceny, fiduciary embezzlement, and being a common and notorious thief in August. Middlesex Superior Court Judge Kenneth Desmond ordered her to pay restitution, serve five years’ probation, and write former clients letters of apology.