The woman, who is in her fifties, worked at one of the banks during her scam. She was charged in Sør-Østerdal district court in Elverum, reported NRK.
The crime took place between 2006 to 2011 when the woman worked at Sparebanken Hedmark bank. The case was brought to the attention of the police after one bank discovered documents relating to a private loan application were forged. The woman no longer worked at the bank, but was later arrested.
The charged woman has plead guilty to all charges during her trial on Tuesday and admitted the stolen money went on private spending sprees.
Prosecutor in the case, Richard Røed, said: “It is a very big and serious case with the embezzlement of great amounts of money over several years and involving a number of banks. Concerning the amount of money, this is the biggest case I've encountered as head of the economic crime prosecution team in Hedmark.”
The woman’s defence lawyer, Ola Drægni, doesn't yet want to comment the case.