An Alexander City woman has been charged with stealing over $2,500 from the Troy company that employed her over a three-month period.

Police arrested Mallory Grayson Hester, 34, on one charge of first-degree theft of property and eight counts of criminal possession of a forged instrument.

“The Troy Police Department received a report from a local business on July 24th about employee theft from the business,” said Troy Police Chief Randall Barr. “Investigators were able to determine that the thefts took place over a three-month period while Hester was employed with the company.”

Barr did not name the business and did not say exactly how much money was stolen from the company, although he confirmed it was over $2,500, marking the crime as first-degree theft of property, a Class B felony.

The eight counts of criminal possession of a forged instrument are all Class C Felonies, each punishable by 1 to 10 years in prison. The Class B Felony is punishable by 10 to 20 years.

Hester was taken into custody without incident and was booked into the Pike County Jail.

She was released Wednesday on $25,000 bond.