The financial controller of London estate agency Hurford Salvi Carr has been convicted of stealing £1.3m from the company.
Karen Chin, 45, of Highgate, is in custody awaiting sentence; judge David Richardson has warned her that a prison sentence is inevitable, according to a report in the Ham & High newspaper.
The report claims Chin took the money while she was employed at the firm's headquarters in Clerkenwell. She allegedly diverted client funds into multiple bank and credit card accounts she controlled.
Her former employers claim much of the money was blown on high-living, luxury goods and holidays, including the rental of a private plane and a £35,000 family vacation to Mauritius.
The judge said: You are plainly going to prison and the only question is for how long. I want to know what you have done with the money and if it is true you have been shifting assets.
Chin has pleaded guilty to nine counts of fraud by abuse of a position of trust between February 19, 2008 and February 19, 2013. She asked for three offences under the Theft Act committed before 2008 to be taken into consideration.
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