Former BB&T Bank worker sentenced for embezzling more than $500K
Anna B. Holt to spend time in federal prison
ABINGDON, Va. – A former employee of BB&T Bank will spend more than 30 months in federal prison after pleading guilty to embezzlement, officials said Wednesday.
Over a four-year period, Anna B. Holt, 48, embezzled more than $500,000, according to a news release from U.S. Attorney Rick A. Mountcastle.
Holt, of Staffordsville, was sentenced Tuesday to 33 months in prison. She’ll also have to pay $400,868 in restitution.
Holt worked as a banker at the New River Branch in Pearisburg. She admitted that from around 2013 to August 2017, while working at BB&T, 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, the news release said.
Some of the money embezzled was used to repay accounts from which Holt had previously stolen money, officials said.
The United States Secret Service investigated the case.
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