As of his indictment Monday by the Hawkins County grand jury, the alleged tally had risen to approximately $400,000.
Byrd, 39, of Knoxville, was indicted Monday on charges including money laundering and three counts of theft over $60,000. He is scheduled to appear in Hawkins County Circuit Court Friday for arraignment.
Prior to his arrest on May 24, Byrd was employed as purchasing manager for Contour Industries, a glass product manufacturer located in the Phipps Bend Industrial Park near Surgoinsville.
The alleged embezzlement was discovered after company executives contacted a customer to ask why payments hadn’t been made. Executives learned that Dean had allegedly altered payment checks to the company and deposited them in his own bank account.
It is alleged that over a three-year period between April 2004 and April 2007 Byrd absconded with payments made to Contour by its customers using three techniques to cover the embezzlement.
According to investigators, he allegedly altered dates on invoices so they didn’t show as unpaid or past due; credited invoices as paid and then re-created identical invoices with new invoice numbers and dates so they would not show as unpaid or past due; and changed the names of the customers to which invoices were issued so that the misappropriation would be difficult to detect.
In the end, however, investigators allege that Byrd incriminated himself by endorsing the checks he stole with his own name.
All four charges against Byrd are Class B felonies punishable by up to 12 years in prison each.
Court officials said a February trial date is expected to be set Friday.
The Hawkins County grand jury indicted an unusually high number of defendants Monday, all of whom will be arraigned Friday. Among those indicted were:
•Ricky Lynn Davidson, 2121 Stanley Valley Road, No. 3, Surgoinsville, charged with promotion of meth manufacturing.
•Jackie Glenn Bailey, 45, 247 Thorpes Chapel Road, Rogersville, charged with initiating the process to manufacture meth, possession of meth with intent to deliver, promotion of meth manufacturing, simple possession of marijuana, and possession of drug paraphernalia.
•Natasha Nicole Massengill, 22, 130 Elbow City Road, Rogersville, charged with manufacturing meth and promotion or meth manufacturing.
•Connie Michelle Bailey, 43, 247 Thorpes Chapel Road, Rogersville, charged with initiating the process to manufacture meth, possession of meth with intent to deliver, promotion of manufacturing meth, simple possession of marijuana, and possession of drug paraphernalia.
•Christopher N. Gibbons, 27, 245 Hickory Hills Road, Church Hill, charged with aggravated arson and setting fire to property.
•James Allen Wells, 47, 221 Silver Lake Road, Apt. 3, Church Hill, charged with joyriding and theft over $1,000.
•Zaron Nathan Christian, 46, 221 Silver Lake Road, Church Hill, charged with theft over $1,000.
•Brenda Lee Haga, 18, 206-B Ramey Town Road, Church Hill, charged with manufacturing marijuana and possession of drug paraphernalia.
•Michael Darren Knight, 19, 420 Petersburg Road, Rogersville, charged with aggravated burglary and theft over $500.
•Cheryl Ann Ellis, 27, 222 Choptack Road, Rogersville, charged with two counts of aggravated burglary, two counts of theft over $500, theft under $500 and forgery.