November 2019-Lenoir City woman pleads guilty
to wire fraud, money laundering scheme to defraud elderly
Christina
Erin Myers, 37, entered a guilty plea to one count of wire fraud
and one count of money laundering.
KNOXVILLE, Tenn.
wbir.com— A Lenoir City woman pleaded guilty to wire fraud
and money laundering Monday after engaging in a scheme to
defraud elderly people by diverting money they gave her.
Christina Erin Myers, 37, entered a guilty
plea to one count of wire fraud and one count of money
laundering in the United States District Court for the
Eastern District of Tennessee.
As part of the plea
agreement filed with the court, Myers admitted to "engaging in a
scheme to defraud elderly individuals by diverting funds that
victims had provided to her for the purchase of real estate from
Tennessee Baptist Adult Homes, through marketing non-existent
senior communities, and promoting fictitious investments
opportunities."
According to the
Department of Justice, Myers faces a term of 20 years in prison,
potential fines of up to $750,000, and the obligation of paying
more than $405,000 in restitution to her victims.
A federal grand jury in
Knoxville returned a six-count indictment against Myers on Oct.
16, 2018. It was the result of an ongoing investigation by the
Internal Revenue Service – Criminal Investigation, Lenoir City
Police Department and the Tennessee Highway Patrol (THP).
“Protecting our seniors has been and will
continue to be a top priority of our office. Working with
our local, state, and federal law enforcement partners, we
will investigate and build cases for successful prosecution
of these individuals who choose to victimize some of our
most vulnerable citizens. I encourage everyone to speak out
and tell someone in authority if they have been a victim of
elder abuse or financial fraud. Please do not remain
silent,” added U.S. Attorney Overbey.
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