A travel agent for Flight Centre is accused of siphoning $20,000 of the company's money into her personal accounts.
The 31-year-old Australian woman was arrested yesterday in Queenstown after the national travel company complained to police.
Flight Centre area leader for Queenstown, Tracey Brown, said the alleged offender had been fired.
"There will be no customers affected," said Brown.
Queenstown police Sergeant Steve Watt said the amount of money involved hadn't yet been worked out.