ABINGDON, Va. — A former vice president of First Bank & Trust pleaded guilty to a federal embezzlement charge in U.S. District Court in Abingdon on Wednesday.
Lisa Tiller, 39, of Lebanon, pleaded guilty to one count of embezzlement by a bank employee, according to a news release from the U.S. Attorney’s Office for the Western District of Virginia.
Tiller, who worked vice president of electronic banking for 17 years, contacted an e-commerce representative in April to have the Russell County Health Coalition’s bank account added to her personal online banking profile, the release states. Authorities say she then made six transactions between Aug. 5-16, transferring $4,750 from the coalition’s account to her own.
As the bank began an audit and contacted Tiller about the discrepancies on Aug. 20, her husband deposited funds into Tiller’s personal account to cover the loss, and Tiller transferred $4,750 back to the coalition’s account, the release states.
Tiller told bank officials that she wrongly transferred the funds and admitted to the embezzlement to a Russell County Sheriff’s Office investigator, the release states.
A sentencing hearing is scheduled for June 23. Tiller faces a potential maximum sentence of up to 30 years in prison and a fine of up to $1 million, according to a spokesman for the U.S. Attorney’s Office.