Two former LJ Hooker real estate agents charged over trust fund rip-offs helped themselves to $4 million but repaid some of it, a court has heard.

Tri Duc (Joseph) Ngo and Truc Thanh (Judy) Nguyen are charged with misappropriating funds, after the final loss was calculated at $2.1 million.

Joseph Ngo has indicated he will plead guilty to about 300 charges, but his wife, Judy, may fight the charges.

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Judy Thanh Truc (also known as Judy Nguyen) has been named as the business development manager at a newly-created firm. Photo: Supplied