knoxnews.com-A Lenoir City woman faces federal charges she scammed elderly people out of approximately $518,000 by peddling non-existent senior housing and bogus investment opportunities, prosecutors said.

A federal grand jury handed down an indictment Tuesday charging Christina Erin Myers, 36, with four counts of wire fraud and two counts of money laundering. Myers pleaded not guilty to the charges in U.S. District Court in Knoxville on Thursday.

Myers once worked as the marketing director for Williams Ferry Pointe, a senior living community in Lenoir City that is owned by a company called Tennessee Baptist Adult Homes (Baptist Health Care). The company's website says it provides "Christian homes and services for senior adults and adults with exceptional needs."

After Myers left the company in August 2016, she led elderly people to believe she was still authorized to sell property at Williams Ferry Pointe and in other areas of East Tennessee, the indictment alleges.

She also promoted fake investment opportunities, such as in "Certificates of Deposit with SouthEast Bank," the indictment says.

Instead of following through on her promises, Myers took her victims' money and used it to fund her "self-indulgent lifestyle," prosecutors say.

It's unclear from the indictment how many people Myers is accused of defrauding. The allegations range from May 2014 to July of this year.

The Internal Revenue Service's Criminal Investigation Division and the Lenoir City Police Department conducted the investigation.

Myers' trial is set for Dec. 18 in U.S. District Court. If convicted, she could face 20 years in prison.