Ms Kaye Leanne Ferguson was initially charged with 27 counts of dishonestly obtain financial advantage by deception after transferring more than $1.1 million from the club to multiple offshore bank accounts between December 2020 and January 2021.
The Ski Club initially reported the matter to police after allegedly detecting accounting anomalies and police from the Murray River Police District commenced an investigation.
The case has taken close to a year to resolve after the Victorian woman was granted conditional bail and first appeared at Corowa Local Court on February 17 last year.
Ms Ferguson has been represented by defence solicitor Mark Rosalky.
At the Ski Club AGM in November, 2021 Barrister and Solicitor Andrew Tragardh from Duxton Hill Legal Advisory Group spoke to members regarding the fraud case.
Mr Tragardh spoke in detail about the case and where they are situated in their ongoing exhaustive efforts to recover the money for the club.
The board has been able to receive the maximum $250,000 from their insurance claim but will continue to do whatever they can to return the misappropriated funds back to the club.
Mr Tragardh provided a comprehensive update on his efforts to recover what they can from the defendant but also said they are focusing closely on $854,000 in stolen funds received in various recipient bank account holders.
“We are negotiating with the banks and we will be going after them,” he said.
Mr Tragardh also praised the efforts of the club’s board and CEO Peter Duncan in assisting them with their efforts.
