Susan Elizabeth Wright made her initial appearance in court Monday after being federally charged Thursday, December 12 with embezzling over $1 million from Peterson Real Estate and other accounts held by the Peterson family.
The appearance was to make certain Wright understood the charges against her, and to make certain she could afford an attorney.
Wright agreed that she understood and acknowledged that she was able to obtain an attorney.
Wright will bond out Monday and will await trial. The trial date has not yet been scheduled or announced at this time.
43-year-old Susan Elizabeth Wright of Abilene has been indicted on federal charges for her alleged embezzlement of over $1 million from Peterson Real Estate and other accounts held by the Peterson family, where she was employed as Office Manager.
Wright allegedly wrote checks and transferred money to herself from the Peterson's accounts at BBVA Compass Bank in Abilene between Jan. 2007 and Dec. 2012. Records indicate the money went to pay Wright's mortgage and credit card bills, among other expenses.
The federal charges included 11 counts of Bank Fraud and Aiding and Abetting, and 17 counts of Wire Fraud and Aiding and Abetting.
Wright was arrested by Federal agents Thursday, and is currently in the Taylor County Jail.
Wright was indicted locally by a Taylor County grand jury last month for first degree felony theft, stemming from the same embezzlement scheme.
The local indictment is related to the actual stealing the money from her employers. The federal indictment is for using a bank to knowingly transfer the money.