A court ruled Friday that hundreds of rare Elvis Presley records and pieces of memorabilia collected by a woman who stole almost $1 billion from her employer must be auctioned to repay her debt.
Lincoln Crown Court in eastern England said money raised at the auction should be used to repay Julie Wall’s employer, North Kesteven District Council.
Prosecutors said Wall, of Sleaford, eastern England, stole the money over a 10-year period while she worked as a cashier for the council, and spent the money at collectors’ fairs and specialty stores across Britain.
“There is a vast quantity of Elvis Presley memorabilia currently being held by the police,” prosecutor James Dennison told the court.
He said the total value of the collection, which includes rare recordings, will not be known until it is sold by a High Court official.
Dennison told the court that Wall’s job at the council, where she had worked for more than 30 years, was to deposit takings from the parking meters into the council’s bank account. Instead, she pocketed the money, making up to $18,000 a month.
Dennison said Wall’s crime was only discovered in July last year when an internal audit revealed that a large sum of money was missing.
Since being found guilty of theft, Wall has declared herself bankrupt following her conviction, and the Elvis collection is her only asset.
Luke Blackburn, Wall’s lawyer, said his client had complied fully with the investigation into her crime and had arranged for the memorabilia to be valued.
Judge William Harbage told Wall she would face three years in jail if her debt was not repaid.