A woman has admitted fraud offences involving around £830,000 invested in a fictitious tuna fishing and processing business.

Zarnie Abenojar Khan, 55, of Meadow Crescent, Douglas, pleaded guilty to 13 charges, including fraud, concealing criminal property and acquiring criminal property.

Khan appeared at the Court of General Gaol Delivery on Friday, where she admitted the offences.

A co-accused, who is due to appear in court at a later date, has previously denied nine counts of fraud and one count of acquiring criminal property.

Khan's offences took place between January 1, 2021, and December 31, 2023.

Prosecutor James Robinson told the court that Khan had fraudulently obtained money from several people in connection with investments in a tuna fishing and fish processing business called ‘Goodwill Fish Processing’.

Khan admitted that the business did not exist.

The total amount obtained from the victims was around £830,000.

Khan had also been charged with witness intimidation and an act against public justice, but pleaded not guilty to both offences.

Mr Robinson told the court that the prosecution would not pursue those charges, which have been dropped.

Khan's case has been adjourned pending the outcome of proceedings involving her co-accused.

She was granted conditional bail in the meantime.