Employee sets up false company and steals $500,000

It is extremely easy to commit fraud but it is extremely hard to get away with it.An employee of a Sydney insurance company set up a fake company complete with a registered name, letterhead and a PO box number to defraud half a million dollars from her employer according to police prosecutors. The woman then allegedly used this company and several false documents to obtain a $720,000 loan to buy a house in Sydney's northern suburbs. Rose Marie Lo-Giudice, 39, appeared [...]

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