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Former bank executive pleads guilty to embezzlement

Staff report • Jan 30, 2020 at 6:30 PM

ABINGDON — A former First Bank & Trust vice president pleaded guilty Wednesday to embezzling more than $4,000 from a Southwest Virginia health organization.

Lisa Tiller, 39, of Lebanon, Virginia, entered a guilty plea of one count of embezzlement by a bank employee in U.S. Western District of Virginia District Court in Abingdon, according to U.S. Attorney Thomas T. Cullen.

Cullen said Tiller, the former electronic banking vice president for First Bank & Trust for 17 years, had an employee put the bank account of the Russell County Health Coalition on her personal online banking profile in August 2019.

Between Aug. 5 and 16, according to Cullen, Tiller moved a total of $4,750 from the Health Coalition account to her personal account.

After an audit on Aug. 20, First Bank & Trust officials contacted Tiller about discrepancies with the accounts, Cullen said. Tiller’s husband then deposited funds in her account and she transferred the missing $4,750 to the coalition account. Tiller admitted to bank officials that she had wrongly transferred the funds.

Cullen said Tiller also admitted to a Russell County Sheriff’s Office investigator on Jan. 14 that she embezzled the funds.

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