Alyssa Hatcher, 17, allegedly stole her parents' debit card and used it to pay two people to kill them, deputies announced on Tuesday.
Hatcher has been officially charged with two counts of criminal solicitation of murder.
The Lake County Sheriff's Office said that Alyssa Michelle Hatcher was arrested on Monday (9 September).
Hatcher's social media profiles indicate that she was a cheerleader at Umatilla High School.
A Lake County judge ordered Hatcher to remain in custody during a detention hearing.
A Mastercard chip-based credit card is posed for a photo in Gelsenkirchen, Germany on November 18, 2009. The witness was to then find someone to kill her parents.
Hatcher is scheduled to appear in a Lake County courtroom on October 3.
The mother of Hatcher told officials that she had noticed her debit card went missing before finding a piece of paper with bank information written down in her daughter's room.
Alyssa Michelle Hatcher is accused of stealing almost $1,500 from her parents' bank account while trying to carry out her murder-for-hire plot, a police affidavit says.
Confirming that Hatcher's parents wanted to press charges, Jones told local station WOFL-TV, "When it comes to something like that, I can not imagine the shock you would be in as a parent knowing that this is my daughter - what my daughter meant to do".
Hatcher then attempted the plot again.
In her interview with the detective, the suspect said because "the act was never carried out" by the girl who took $400 she gave $900 to a male to commit the murders, the report said.
It's not clear why the girl, who posted a photo to her Instagram account Monday with a one-word caption - "Ruthless" - and a happy-face emoji, wanted her parents killed.
According to the report, Hatcher's parents are pressing criminal charges against their daughter.
Saying it was a "sad case", Jones went on to tell WOFL-TV, "I couldn't even imagine something like that". They said she also bought some cocaine.