Former BB&T Bank Employee Sentenced for Stealing Over $500,000
Abingdon, VIRGINIA – A former BB&T employee, who over a period of approximately four years embezzled over a half-million dollar, was sentenced to more than 30 months in federal prison yesterday, United States Attorney Rick A. Mountcastle announced.
Anna B. Holt, 48, of Staffordsville, Va., was sentenced yesterday to 33 months in prison and ordered to pay $400,868 in restitution. She previously pleaded guilty to embezzlement by a bank employee of moneys of the bank or entrusted to the custody of the bank.
Holt worked for BB&T Bank as a branch banker at the New River Branch in Pearisburg, Virginia. The defendant admitted that from around 2013 to August 2017, while being employed at the bank, she embezzled a total of $584,805 from 15 separate accounts. Holt used various methods to embezzle the money, including making withdrawals from customer accounts, cashing customers’ bonds and keeping the proceeds, and creating fake credit accounts in the names of relatives and withdrawing the loan proceeds. Some of the money embezzled was used to repay accounts from which Holt had previously stolen money.
The investigation of the case was conducted by the United States Secret Service. Assistant United States Attorney Randy Ramseyer was prosecuted the case for the United States.