Woman jailed after defrauding West Midlands company of almost £100k
Nida Khan, 29, worked for Nanobits Limited from 2018 to 2020.
Last updated 15th Apr 2024
A woman who stole thousands of pounds from a business in West Midlands has been jailed.
Nida Khan, 29, worked for online goods selling company Nanobits Ltd between 2018 and 2020.
During the course of her employment, Khan, of Coppice Avenue, Wollescote, Dudley, defrauded her employer of almost £100,000.
In 2019, owner of Nanobits Ltd, Tej Jain and his son Tarun Jain, from Walsall, stepped away from the business for health reasons, and from then on, Khan was left in charge.
Between November 2019 and February 2020, Khan withdrew over £88,000 from Nanobits to bank accounts in her name.
Khan also made purchases from the company account for items such as watches, phones, and makeup, totalling more than £5,000.
The company was forced to refund £15,000 worth of orders to customers for not being able to fulfil orders, bringing the total loss to Nanobits to over £100,000, and the business was forced to close down.
Khan pleaded guilty in October 2023, and was sentenced to four years in prison at Wolverhampton Crown Court on 2 April.
PC Rob Parson from Dudley Local CID, said: “This is the result of an investigation which took a lot of work to chase, and ultimately disprove her lies, as Khan continually lied in her accounts given right up until she finally pleaded guilty on the day of the trial.
“She showed no remorse for her actions and only sought to attempt to put blame on others for her wrongdoing.
“The severity of the punishment will hopefully show that crime really does not pay.
“West Midlands Police will also be looking to pursue a POCA order with a view to retrieving the funds gained dishonestly by Khan.
“Hopefully Mr Jain and his family will feel that some justice has been served."