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Local Woman Sentenced for Elderly Investment Scam
A Lenoir City woman has been sentenced to five years in federal prison for her role in an elder fraud scheme that deceived elderly victims and netted her over $400,000 in ill-gotten gains. Christina Erin Myers, 39, was sentenced by U.S. District Judge Katherine A. Crytzer on March 25, 2021, to serve 63 months in prison for her wire fraud and money laundering convictions.
Myers, who pleaded guilty in 2019, admitted to defrauding elderly victims by diverting funds intended for real estate purchases and fictitious investment opportunities. She used the stolen money for her own benefit without the knowledge or authorization of her victims.
The Internal Revenue Service – Criminal Investigation, the Lenoir City Police Department, and the Tennessee Highway Patrol conducted the investigation into Myers’ crimes.
Assistant U.S. Attorney Frank M. Dale, Jr. represented the United States in court. Myers was also ordered to pay more than $400,000 in restitution to her victims.
The elder fraud scheme, which targeted vulnerable seniors, is a serious crime that can have devastating consequences for its victims. As a result, investigators and prosecutors worked tirelessly to bring Myers to justice.
Myers’ sentence serves as a warning to those who would engage in similar crimes. The community can rest assured that those who commit elder fraud will be held accountable for their actions.
Key Facts
- State: Tennessee
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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