Alysa Dietz Gisser, Embezzlement, Texas 2025

AUSTIN, Texas - A shocking case of greed and deceit has come to an end as Alysa Dietz Gisser, a 56-year-old Leander woman, was sentenced to 33 months in prison for wire fraud and tax evasion.

According to court documents, Gisser, who was employed as a bookkeeper and accountant for a non-profit private school in Austin for children with special needs and learning disabilities, began embezzling money from the school in or around 2018. She directed parents to make tuition and other payments to a PayPal account connected to her consulting business, which she had renamed to reflect the name of the school.

Gisser modified the school's accounting files to reflect that funds had been paid to the school, when in reality the funds had been transferred to her personal bank account to make credit card and mortgage payments, and install an in-ground swimming pool at her residence.

In total, between the PayPal payments and the checks deposited into her personal bank account, Gisser embezzled more than $1 million from the school. She also underreported her income by $863,963.32 between 2018 and 2021.

Gisser was charged with one count of wire fraud and one count of tax evasion on December 15, 2025. She pleaded guilty to both counts on January 13, 2026.

As part of her sentence, Gisser was ordered to pay $1,318,684.34 in restitution and had a money judgment imposed against her for $1,049,012.34. The case was investigated by IRS-Criminal Investigation and prosecuted by Assistant U.S. Attorney Keith Henneke.

Gisser's actions have left a trail of devastation for the school and its families, who trusted her with their children's education and their financial information. Her sentence serves as a reminder that embezzlement is a serious crime that will be prosecuted to the fullest extent of the law.

Alysa Dietz Gisser, a former bookkeeper and accountant, was sentenced to 33 months in prison for wire fraud and tax evasion.

She was ordered to pay $1,318,684.34 in restitution and had a money judgment imposed against her for $1,049,012.34.

Gisser was employed as a bookkeeper and accountant for a non-profit private school in Austin for children with special needs and learning disabilities.

Source: https://www.justice.gov/usao-wdtx/pr/former-austin-school-bookkeeper-sentenced-embezzling-over-1m