Thursday 9 February 2012

Fifteen years' jail for fraudster


Read the full story at the Sydney Morning Herald

Fifteen years' jail for fraudster's $45 million luxury shopping spree

Paul Bibby
February 10, 2012 - 12:21PM
Rajina Subramaniam ... defrauded her employer of $45 million. Rajina Subramaniam ... defrauded her employer of $45 million. Photo: Janie Barrett
A Sydney housewife who stole $45 million from a major finance company then went on a massive shopping spree has been sentenced to 15 years' jail.
Over the course of five years, Rajina Subramaniam, in her role as a senior accountant with ING Holdings siphoned the money out of the company's accounts in the largest case of fraud by an individual woman in Australia's history.