Bank

PHOTO: Hsin-Yu Tsai, 33, (pictured) faced Downing Centre District Court on Wednesday after pleading guilty to several fraud charges

  • Former bank teller Hsin-Yu Tsai, 33, stole more than $2.4million from a customer
  • She then used the funds to buy luxury watches, pricey handbags, and a house 
  • She told NSW District Court on Wednesday she was not motivated by greed
  • She said her violent boyfriend came up with the idea and he wanted a Ferrari
  • Tsai pleaded guilty to several charges and will be sentenced at a later date 

A former Commonwealth Bank clerk illegally moved more than $2.4million out of a customer’s account to pay for luxury watches, expensive handbags and a house.

But Hsin-Yu Tsai, 33, denies it was greed that prompted her offending.

She told her sentence hearing at the NSW District Court on Wednesday that she stole the money to appease her controlling and violent boyfriend who came up with the idea and at one stage requested a Ferrari.

‘I guess he wanted to join the Ferrari owners club to meet more people,’ she said.

Tsai pleaded guilty to three charges of dishonestly obtaining financial advantage by deception, and one for using a false document.

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