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A Hillbank woman has been arrested after she has allegedly falsified business records to the tune of of $12.4m over a period of up to eight years.

Following a length investigation by from SAPOL’s Serious and Organised Financial Crime Investigation Section, Detectives this morning (1 August) arrested and charged a 61-year-old woman with 85 counts of dishonest manipulation of a machine, 144 counts of aggravated dishonest dealing with documents and one count of aggravated deception.

Police will allege that while employed by a company between 2009 and 2017, she falsified business records causing a detriment to the company of in excess of $12.4m.

The woman has been bailed to appear in the Adelaide Magistrates Court on 11 September.