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A woman has been jailed for 4-1/2 years for a million dollar fraud against her employer Fonterra.
Nikita Singh, a former accounts payable clerk, had pleaded guilty in Manukau District Court to seven fraud charges.
She was sentenced yesterday.
The Serious Fraud Office said she had accessed a computer and using forged documents took $1,348,866 from dairy giant Fonterra.
The SFO investigation revealed she had secured $3,296,845 in loans to build up a substantial property portfolio through making false representations over her income.
She had also fraudulently obtained social security benefits of almost $100,000.
Singh has repaid $900,000 to Fonterra.
SFO director and chief executive Grant Liddell said the sentence "sends a clear message to those who engage in such dishonest practices will be treated firmly by the courts".
- NZPA
