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

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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 justice.gov.

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