A former director of a child-care center in Richmond’s Fan District faces up to 20 years in prison after pleading guilty today to embezzling more than $98,000 from the organization over five months.
Mary Beth Lloyd, 41, of the 11600 block of Drysdale Drive in Chesterfield County was arrested in October after a multijurisdictional grand jury indicted her on a charge of embezzlement for allegedly stealing the money from Grace Covenant Child Development Center, located immediately west of Stuart Circle in the 1600 block of Monument Avenue.
Lloyd, accompanied by defense attorney Craig S. Cooley, entered a guilty plea during a brief hearing this morning before Richmond Circuit Judge Richard D. Taylor Jr.
The judge scheduled sentencing for April 19.
Matthew C. Ackley, special counsel for the grand jury, said he would ask the judge to impose a prison term on Lloyd as well as ask for her to be ordered to make restitution, which could total more than $136,000 because the embezzlement resulted in the child-care center facing various tax penalties.
Ackley said the money was stolen from Dec. 1, 2009, through May 1, 2010, while Lloyd was director of the child-care center. Lloyd, who became director in January 2008, was fired in May 2010.

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