An accountant with a movie production company involved in a string of Hollywood hits, who used company money to order a £10,000 Rolex, has been sentenced for fraud.

Nicola Hodson, 42, from Windsor, was even offered £20,000 the day before by The Fyzz Facility in severance, but still proceeded to order the watch using the company’s credit card.

The company also has a Los Angeles office and has invested over £200m in more than 200 feature films over the last seven years.

These include Wind River, starring Jeremy Renner and Elizabeth Olsen; Martin Scorsese’s Silence, starring Liam Neeson and Shock and Awe directed by Rob Reiner and starring Woody Harrelson.

Hodson, of Victoria Barracks, Sheet Street, pleaded guilty last Tuesday at Blackfriars Crown Court to one count of fraud by dishonest abuse of position on January 29 last year, namely attempting to gain the £10,714.90 Rolex.

The court was told that she cancelled the transaction and never received the watch, but was dismissed when the company, which has an office in Camden, London, discovered the fraud.

She was sentenced to nine months imprisonment, suspended for twelve months and ordered to complete 40 hours community service and pay £500 costs.

As he sentenced Hodson, Recorder Davydd Enoch QC told her: “It beggars belief that you were so stupid to use their card to buy a £10,000 pound Rolex watch the day after they offered you a £20,000 severance.”

Hodson who had originally fought the case eventually admitted her responsibility on the day of her trial.

The judge continued: “At the eleventh hour you pleaded guilty to the charge of fraud. There was obviously history to it that maybe made you think you were entitled to a certain amount of money from the company.

“What you did do was cross the line from honest negotiation to dishonest appropriation and you have admitted fraud on this company.

“Normally when someone steals from the company they work for that person goes to prison, but this was a misguided attempt to sort out negotiations not going your way.”

“You cancelled the transaction as soon as you set it up. You realised soon after that you did wrong.

“You knew full well that you were acting dishonestly.”