The accused pleaded guilty to one count of fraud over $5,000.
Between May 2014 and June 2015, the accused, a Commodity Manager at a payment systems company, defrauded her employer of $5,467,204.08 through a sophisticated scheme involving fictitious purchases from a shell company.
The accused created a shell company with a name nearly identical to a legitimate vendor, obtained vendor approval through deception, circumvented internal controls including the three-way match system, and personally collected cheques which she deposited into an account she controlled.
Upon discovery, the accused fled to Spain where she was arrested and extradited.
The court imposed a sentence of 6 years imprisonment with credit for pre-trial custody, restitution of $5,476,204.08, a fine of $5,476,204.08 in lieu of forfeiture with 6 years to pay (5 years imprisonment in default), and a DNA order.