Reports claim stolen amount could reach 'hundreds of thousands of dollars'
A former finance controller at a civil engineering company pleaded guilty on Tuesday to defrauding her employer for more than a decade, according to reports.
Tracy Jane Littlewood admitted to fraudulently securing a $35,000 bank loan and using B G Contracting's business records to commit theft from 2012 to 2024, Stuff reported.
Her scheme was discovered by a colleague while they were doing some accounting work, according to a spokesperson from B G Contracting.
The exact amount that Littlewood stole from her employer remains unclear, but Stuff reported that it could reach "hundreds of thousands of dollars."
Littlewood was arrested in April and admitted to the charges in the Christchurch District Court on Tuesday, according to the report. She was remanded on bail and is scheduled for sentencing on September 16.
Phil Shamy, Littlewood's lawyer, told Stuff that his client had sold her house and can pay "substantial reparation."
Littlewood's case arrived just a month after a former office administrator in Christchurch also pleaded guilty to defrauding her employer nearly $80,000.
Victoria Duff, a former employee of Silver Frames, was arrested in February and was later remanded in custody. Her sentencing is scheduled on August 21.