Wednesday 29 June 2011

Aussie fraudster Rajina Subramaniam found guilty over A$16m shopping spree

Updated: 23 Jun 2011


Accused fraudster Rajina Subramaniam. Picture: Adam Taylor
 
A WOMAN who defrauded ING of $45m which she spent on a cache of luxury items has pleaded guilty to more than 20 fraud charges. 
 
Rajina Rita Subramaniam, 42, was arrested in October 2009 and charged with defrauding the financial group of millions as she worked in their Sydney office as a senior account manager. 
 
Among her haul was $16m worth of jewellery from Paspaley pearls, as well as handbags, make-up and clothing from high-end designers such as Armani, Chanel and Hugo Boss. 
 
The Castle Hill wife was said to have stored most of her purchases in her Kent St office. 
 
Mrs Subramaniam has this morning pleaded guilty in Sydney's Central Local Court to 26 charges of fraud, with the Crown withdrawing the other 11 offences. 
 
Her husband watched the court proceedings unfold from the back of the courtroom. 
 
The pleas were accepted by Magistrate Lee Gilmour who adjourned the matter to Sydney's District Court on July 1, when a date for her sentencing hearing will be set. 
 
SOURCE: News.com.au

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