A Southland accountant who forged his bosses' signatures to pay himself almost $20,000 escaped detection for more than a year.
The company that previously employed the man did not notice the missing money until a year and a half after the forged cheque was cashed.
The man, who has interim name suppression, pleaded guilty to dishonestly using a document, namely a cheque, to obtain pecuniary advantage when he appeared before Judge Christina Cook in the Invercargill District Court yesterday.
Police prosecutor Sergeant Rob Mills said the accountant had admitted writing himself a company cheque for $19,486.25.
He had forged his bosses' signatures before banking the cheque in November 2011. However, the unauthorised payment was not discovered until an audit earlier this year, because the expense had been labelled in records as "company salary", Mr Mills said.
The man has been remanded on bail to January 31 for sentence.
- © Fairfax NZ News