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Press Release

Verona Resident Pleads Guilty to Bank Fraud to Embezzle Funds from Employer

For Immediate Release
U.S. Attorney's Office, Western District of Pennsylvania

PITTSBURGH, Pa. - A resident of Verona, Pennsylvania, pleaded guilty in federal court to a charge of bank fraud, United States Attorney Eric G. Olshan announced today.

Christy Myers, 64, pleaded guilty on October 31, 2024, to one count before Chief United States District Judge Mark R. Hornak.

In connection with the guilty plea, the Court was advised that Myers was an employee of an entity involved in installing and monitoring security systems that was purchased by another entity involved in the same business. Myers became an employee of the successor entity, where she had access to accounting records and the authority to issue checks. Through a variety of means and over the course of several years, Myers used that authority to embezzle funds from the successor entity.

Judge Hornak scheduled sentencing for March 11, 2025. The law provides for a maximum total sentence of up to 30 years in prison, a fine of up to $1 million, or both. Under the federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offense and the prior criminal history, if any, of the defendant.

Assistant United States Attorney Brendan T. Conway is prosecuting this case on behalf of the government.

The Federal Bureau of Investigation conducted the investigation that led to the prosecution of Myers.

Updated November 4, 2024

Topic
Financial Fraud