You were infatuated with a fellow employee, who did not realise that you were being dishonest to the companyJudge Hone “You knew you would be exposed in any event by fresh auditors.”Linda Shamel, prosecuting, told the Old Bailey: “This case is a long term fraud by the defendant, committed by him over a period of ten years, and the total loss is £1.1million.”It is £1.1million by his own admission. The company records only went back to five years ago.”He was quite complete in his confession. He gave a complete account in his confession to the managing director.”The Crown’s position is he only confessed to the crime, or rather fraud, because he was frightened of a new ledger by the auditors.”And he handed over a USB memory card because he was extremely frightened, at that point, that he was going to be found out, and he get away with it no longer. And he decided to report the matter to the managing director of Miki Travel.”Although some people might consider his confession a mitigating factor, he had not shown remorse, Ms Shamel argued.She added: “Not least he carried it on – the fraud – for a period of ten years by his on admission.”When police interviewed him, he told them “he was taking the money and passing it on to a female colleague, Ms Gregorio”, the prosecutor said.But she has not been charged as there was “insufficient evidence”, the court was told.Judge Richard Hone QC said: “All that remains is expensive handbags.” Ms Shamel said: “Yes, tainted gifts, as they could be described.” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. All that remains is expensive handbagsJudge Hone A besotted travel accounts manager who stole £1.1million from his firm over ten years to give to a married colleague who spent it on designer handbags was jailed today.Jonathan Nash, 44, swindled Miki Travel Limited out of the cash to give to Rowena Gregorio, who he was infatuated with, and who believed it was his inheritance.He believed she needed help because her parents in the Philippines were suffering from cancer, a court was told.Nash, who worked as department manager of the accounts division, forged signatures of his fellow employees to pocket the money. But he was rumbled when the City-based company worked out more than £400,000 had gone missing between 2012 and 2015.Nash, who has since been declared bankrupt due to his £40,000 credit card debts, confessed he had pocketed a lot more over a decade, as he knew he would eventually be exposed. It is believed the scam may have been going on as long as 12 years.Nash, of Thurrock, Essex, admitted one count of fraud by abuse of position last month, and was jailed today, on his birthday, for four years.Sentencing Nash, Judge Hone said: “You were infatuated with a fellow employee, who did not realise that you were being dishonest to the company.”She was told by you that it was an inheritance that enabled you to be able to pay out something like £80,000 a month over that significant period of time.”You are, as one might expect, of a previous good character, and I have read five letters from family members and close friends who speak of your positive qualities.”On the other hand, I have to balance out a truly prodigious period of serial dishonesty, which certainly went on for a minimum of ten years, and arguably more.”You have abused the trust of Miki Travel, and I have read the impact statement which shows the ongoing effect of this type of dishonesty, particularly on fellow employees whose signatures you forged.”I accept that your personal gain was not great, and indeed you appear to have been made bankrupt. “He continued: “I am prepared to find that you are remorseful for what you have done. But, on the other hand, I do have to balance the seriousness and high culpability of what you did. The prosecutor said she believed there was no realistic prospect of recovering the money, as Nash had been declared bankrupt.The “only sensible, realistic option is by the civil route”, she added.Siddick Gokhool, defending, said: “He made an admission that he has been doing this for the last nine, ten years.”However Judge Hone said there was a reference, in one of the statements, that the scam may have gone on “as long as 12 years”.Mr Gokhool said Nash started off giving money from his own pocket to Ms Gregorio, before he started stealing from the firm. He said he did so “with the intent of repaying the company back”.Mr Gokhool added: “Unfortunately, the money was higher, then this kept going. In regards to Mr Nash, his personal position, you have heard, he has been made bankrupt, and he had a debt of over £40,000.”And there has also been no personal gain for himself. We say he was trying to help his colleague because her parents back home in the Philippines were suffering from cancer.”So when Mr Nash was asked about the money, he said if he was able to repay, he would. Mr Nash has been very helpful to his family members, and especially his elderly parents.”He had no previous convictions and had shown “full remorse” over his wrongdoing, Mr Gokhool told the court.Nash was told he will serve at least half of his sentence in jail before being realised on licence.After he was sentenced, Nash, wearing a grey suit and glasses, waved to his parents, who broke down and wept in the public gallery as he was sent down.