Woman Stole $15 Million In Shares
Woman Stole $15 Million In Shares – A Melbourne mother of six has been found guilty of stealing $15 million worth of shares belonging to a Bahamas investment company.
Rachel Maree Cowen, 35, of Berwick, was found guilty of creating a letter on a fake letterhead saying she had authority to receive the shareholdings of Bahamas company, GH Kluge.
At the time, Cowen was running a business in which she located unclaimed funds for people for a commission fee.
Cowen denied the fraud, pleading not guilty to two counts of obtaining property by deception.
A Victorian Supreme Court jury found Cowen guilty of one of the counts.
Cowen, of Berwick, frowned as the verdict was read.
She will face the same court for a pre-sentence hearing on April 16.
Tags: Bahamas Company, Court Jury, Cowen, Fraud, Gh, Investment Company, Kluge, Letterhead, Maree, melbourne, Obtaining Property By Deception, Running A Business, Shareholdings, Shares, Unclaimed Funds, Victorian Supreme Court, woman
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