Christy A. Greider, 40, and Jason A. Greider, 42, both of Huber Heights, Ohio, have been sentenced for a brazen theft spree that gutted an elderly couple’s life savings. The pair exploited their access to the finances of elderly owners of M-3 Construction, Inc., in Oak Ridge, Tennessee, running up over $350,000 in unauthorized charges on company and personal credit cards. Their shopping list read like a luxury catalog: a boat, a swimming pool, high-end furniture, and a vacation to Hawaii—all paid for with the victimized seniors’ money.
The U.S. Attorney’s Office for the Eastern District of Tennessee confirmed the couple pleaded guilty to conspiracy to commit mail and wire fraud. In July 2017, Christy Greider was sentenced to 33 months in federal prison, while Jason Greider received 27 months. The case, prosecuted by Assistant U.S. Attorney Kelly A. Norris, was the result of a joint investigation by the Oak Ridge Police Department and the FBI, exposing how trusted insiders can turn predators.
Christy Greider, who served as bookkeeper for M-3 Construction, Inc., abused her position to gain control over the elderly couple’s financial affairs. With quiet precision, she and her husband siphoned funds meant for retirement and care, leaving the victims financially and emotionally devastated. The scheme spanned months of deceit, highlighting the vulnerability of seniors who rely on others to manage their affairs.
Their case was part of a larger federal crackdown—the Justice Department’s largest coordinated sweep against elder fraud in history. More than 250 defendants were targeted globally, with total losses exceeding half a billion dollars. While the Greiders’ theft was domestic and personal, it mirrored the tactics of transnational fraud rings: exploit trust, bypass scrutiny, and vanish with life savings.
U.S. Attorney J. Douglas Overbey emphasized that elder abuse is a top priority in East Tennessee. “Protecting our seniors has been, and will continue to be, a top priority of our office,” Overbey stated. “I encourage everyone to speak out and tell someone if he or she has been a victim of elder abuse or financial fraud. Please do not remain silent.”
The Greiders’ sentencing sends a message: stealing from the elderly may seem low-risk, but federal and local law enforcement are closing ranks. From Knoxville to Washington, D.C., authorities are treating elder fraud not as a white-collar footnote—but as the violent betrayal it truly is.
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Key Facts
- State: Tennessee
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes
- Source: Official Source ↗
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