Broken Arrow Woman Pleads Guilty To Embezzling Millions From Inola Business
TULSA, Oklahoma - A Broken Arrow woman has admitted to embezzling millions of dollars from an Inola business.
Cristyne Gilleland pleaded guilty in federal court “to wire fraud involving the embezzlement of more than $2.75 million” and signing a false tax return, U.S. Attorney Trent Shores announced Tuesday in a news release.
According to the release, Gilleland admitted embezzling the money from 2010 to 2017 from TJT Enterprises, LLC, and the company’s owner by making “wire transfers, writing checks, and paying credit card charges, all for her personal benefit.”
Gilleland was employed by TJT Enterprises and was responsible for accounting and financial management, said Shores.
The release states that, “[a]s part of the plea agreement, Gilleland consented to the forfeiture of substantial assets, including a yacht, a Grand Lake condominium, financial account proceeds and vehicles.” It also says additional money will be forfeited and all forfeited proceeds will be used as restitution for the victims.
Gilleland is scheduled to be sentenced on December 11, 2018, and she could face up to 20 years in prison.