DALLAS (CN) - A former officer with Bank of New York Mellon is accused of embezzling $2.7 million. A federal grand jury accused Tracey Buckley, of Palmer, of embezzling the money and using some of it to buy land in Texas and Montana and "several vehicles."
Buckley, 44, swiped $2,719,674 in 40 wire transfers from BNY Mellon to her personal account at JP Morgan Chase, the U.S. Attorney's Office said.
Buckley was arrested Friday at her home, and appeared later that day before U.S. Magistrate Judge Irma C. Ramirez.
She pleaded not guilty and was released her on a personal recognizance bond. A trial date has not been set.
If convicted, Buckley faces a maximum statutory sentence of 30 years in prison and a $1 million fine.
Assistant U.S. Attorney Stephen P. Fahey is in charge of the prosecution.
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