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Alysa Dietz Gisser, Embezzlement, Texas 2026

AUSTIN, Texas – Alysa Dietz Gisser, 56, a former bookkeeper and accountant for a non-profit private school in Austin, has been sentenced to 33 months in prison for wire fraud and tax evasion.

According to court documents, Gisser was employed by the school, which caters to children with special needs and learning disabilities, beginning in 2018. However, she began to embezzle money from the school, directing parents to make tuition payments to a PayPal account connected to her consulting business.

Gisser had renamed her PayPal account to reflect the name of the school in an attempt to misdirect the school’s funds. Additionally, she 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.

In addition to the prison 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 IRS-Criminal Investigation investigated the case, and Assistant U.S. Attorney Keith Henneke prosecuted it.

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