01 October 2012 7:04am

An IT manager at Commonwealth Bank worked with two associates to fleece 43 customers of more than A$500,000.

Jason Urratia, an IT manager with five years experience at CBA, pleaded guilty in March to conspiring to cheat and defraud, as well as to other charges. He will face a sentence hearing in December.

The Daily Telegraph reported on the case on Saturday.

Two other men received two-year correction orders for their role in the scam, which...