The accused, an accountant for Star Plastics, was charged with forgery and fraud after 97 company cheques totalling over $1 million were issued with the forged signature of the company's vice president.
The Crown alleged the accused misappropriated the funds for her personal benefit.
The defence argued the company's owner authorized the cheques as part of a tax evasion scheme.
The court found the owner's evidence credible that he did not authorize the 97 cheques, despite his involvement in a separate questionable loan arrangement with the accused.
The court concluded the accused forged the cheques and defrauded the company to alleviate her own financial pressures.
The accused was found guilty on both counts.
