A former Queenstown bank employee has been arrested on fraud charges involving more than $400,000 taken over three years.
A 29-year-old woman has been charged with using a computer system for a dishonest purpose and five charges of theft by person in a special relationship.
Police say the offending involved setting up fictitious accounts.
The charges cover offending from August 2010 to July 2013 while the woman was employed at the Queenstown Branch of the ANZ Bank.
The woman is no longer employed by the bank and is due to appear at the Queenstown District Court on Monday.