On Wednesday, it was announced that 49-year-old Sherry Ann Allen of Johnson City, Tennessee had pleaded guilty to an information charging her with embezzling $1,195,596 from Greater Eastern Credit Union and tax evasion. The defendant is now scheduled to be sentenced on September 26, 2018 at the United States District Court in Greeneville.
At that time, the defendant will face a maximum sentence of 30 years in prison. She will also have to pay restitution to the Internal Revenue Service and the Greater Eastern Credit Union. The plea was the result of an investigation carried out by the Johnson City Police Department, FBI and the Internal Revenue Service – Criminal Investigation Union.
Further details have been made available here.
