AN ACCOUNTS assistant stole almost £50,000 from her employer, to help pay her daughters Solihull private school bills.
Rachael Buckley, 32, of Tustin Grove, Acocks Green, admitted abusing her position to fraudulently take £47,856.03 from Vincent Timber Limited, between October 6, 2011 and February 16, 2012.
Malcolm Stoddart, prosecuting at Solihull Magistrates Court, said the fraud only came to light after Buckley was sacked in March for poor performance.
A call came from a supplier and the truth came tumbling out, he said.
The defendant told police she had no way of repaying the money.
She admitted all the transactions. She said she thought she had gotten away with it. She couldnt account for how she spent all the money.
Some went on her daughters private school bills, some cleared debts. The rest seems to have trickled away.
Buckley joined the Birmingham-based timber merchants in July last year and part of her role included paying the companys suppliers.
The court heard she had numerous matters of dishonesty on her record, including a charge of theft by an employee in 2007.
David Whiting, defending, said: She accepts she has abused her position.
She has had no support from her childrens father. She had loan sharks at the door.
When she was unable to pay for her daughters tuition fees, she began to take the money.
She wanted to keep her daughter in the education to which she aspired for her.
Mr Whiting said Buckley had also started to abuse prescription drugs recreationally.
She is very sorry for this, he added.
Magistrates committed the case to Birmingham Crown Court for November 15 for sentencing.