Former CEO Of Greater Eastern Credit Union Pleads Guilty To $2M Embezzlement

Greeneville, Tennessee – On June 20, 2018, Sherry Ann Allen, 49, of Johnson City, Tennessee, pleaded guilty to an information charging her with embezzling $1,195,596.00 from Greater Eastern Credit Union and tax evasion.  Sentencing is set for 9:00 a.m., September 26, 2018, in U.S. District Court in Greeneville.

Allen faces a maximum term of 30 years in prison and will have to pay restitution to Greater Eastern Credit Union and the Internal Revenue Service.

The full press release is available at

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