Ex-clerk of stationery company charged by ICAC guilty of $7.2m fraud over resale of raw materials with false quotations for personal gain
A former staff of a stationery company, charged by the ICAC, was today (September 12) convicted at the District Court for fraud by falsifying quotations, secretly purchasing plastic pellets at lower prices and reselling them to the stationery company at $7.2 million, pocketing inflated amounts totalling about $1.7 million. The offence was revealed in the course of a corruption investigation.