5 Mar 2013

Porirua woman jailed for fraud

9:20 pm on 5 March 2013

A Porirua woman who defrauded her employer of $494,828.74 has been jailed for two years and two months.

Lady Bernadette Cooper was sentenced in Wellington District Court on four charges including money laundering and computer crime.

Between November 2006 and July 2011, Cooper worked for AMP managing client investment portfolios and transferred funds from them to her own bank accounts.

Judge Chris Tuohy said on Tuesday the offending stopped in 2011 and would not have been discovered if Cooper had not voluntarily told her employer what she had been up to.

While she was remorseful and had repaid $44,000 to AMP, the judge said he could not reduce the sentence.