Greed Is Here to Stay

A 30 year old secretary forged her boss's signature on cheques totalling $1.3 million - and splashed out on luxury goods including 200 pairs of shoes and more than 80 branded bags and holidays with family members.

The mother of three was jailed for nearly five years on Monday after pleading guilty to nine counts of forgery for the purpose of cheating.

She forged the signature on 32 cheques between 2006 and 2009 while working as the personal secretary. Each cheque in the proceeded charges was worth between $22,000 $600,000.

She confessed when confronted with a $600,000 withdrawal from the boss personal bank account which was used at luxury boutiques, spending at least $10,000 at Louis Vuitton and $30,000 at Chanel each time.


The boss of the electronic company made a police report in August 2009.

The police recovered an assortment of jewellery, branded handbags and luxury watches worth a total of $449,486 from her home.

The secretary, who has twin daughters aged three and another daughter aged five - lavished gifts on her relatives, friends and associates.

She has paid $100,000 back to the boss and could have been jailed for up to seven years on each charge. She was also declared a bankrupt.