ABINGDON, Va. – A BB&T employee, who embezzled more than $500,000 over a period of approximately four years, faces up to 30 years in federal prison after pleading guilty on Thursday.
Anna B. Holt, 48, of Staffordsville, Virginia, waived her right to be indicted and pleaded guilty to embezzlement by a bank employee.
Recommended Videos
She worked for BB&T Bank as a branch banker at the New River Branch in Pearisburg and admitted in court that from sometime in 2013 to August 2017, while being employed at the bank, she embezzled a total of $565,790.41 from 14 separate holders of accounts.
She 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, according to acting U.S. Attorney Rick A. Mountcastle.
Some of the money embezzled was used to repay accounts from which Holt had previously stolen money.
Sentencing is scheduled for Dec. 19 at 2:30 p.m. before U.S. District Court Judge James P. Jones in Abingdon.
The investigation of the case was conducted by the U.S. Secret Service. Assistant U.S. Attorney Randy Ramseyer is prosecuting the case for the United States.