A former Mount Pleasant bank teller has pleaded guilty to embezzling more than $700,000 from Bank of America over 15 years.
Michele Gentry, 59, also was charged with filing a false income tax return.
Gentry waived her right to an indictment and pleaded guilty to the two counts in front of U.S. District Court Judge Richard M. Gergel in Charleston on Monday.
She remains free on a personal recognizance bond.
Assistant U.S. Attorney Rhett DeHart told Gergel that said Gentry stole about $720,000 in federally insured deposits in $500 to $2,000 increments while working as lead teller at a Bank of America branch in Mount Pleasant from 1996 to 2011. She used fictitious documents to cover up the thefts.
Prosecutors also said she failed to report $104,425 she received from the embezzlement on her 2007 federal tax return.
Gergel did not schedule a sentencing date.
Gentry faces a maximum penalty of 33 years in prison, $1.1 million in fines and six years in a supervised release program. The court also will determine restitution.
Alan Toporek, Gentry’s defense attorney, declined to comment.
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