Jackson, Miss – Teresa Wash, 51, of Meridian, pled guilty today before U.S. District Judge Carlton W. Reeves, to one count of accessing a computer to defraud and obtain value, announced U. S. Attorney Gregory K. Davis.
Wash, as Controller for Progressive Pipeline, Inc., used her work computer to embezzle approximately $797,287.85. She appropriated to her own use funds belonging to Progressive Pipeline, specifically requesting fraudulent wire transfers from Progressive Pipeline’s bank accounts to her own account.
Wash will be sentenced on December 8, 2016 at 10:00 a.m. by U.S. District Judge Carlton W. Reeves and faces a maximum penalty of five years in prison and a $250,000 fine.
The case is being prosecuted by Assistant United States Attorney Chris Wansley. It was investigated by the FBI Jackson Cyber Crime Task Force, which is comprised of investigators from the Mississippi Attorney General’s Office, the Madison Police Department and FBI Agents from the Jackson Field Office.