Former bank executive admits embezzling from Bank of America - KCBD NewsChannel 11 Lubbock

Former bank executive admits embezzling from Bank of America

From U.S. Department of Justice

Donnie Wright, 53, of Lubbock, Texas, appeared Thursday in federal court and pleaded guilty, before U.S. District Judge Sam R. Cummings, to one count of embezzlement of funds by a bank employee. Wright, who remains on bond, faces a maximum statutory penalty of 30 years in federal prison, a $1 million fine and restitution. Judge Cummings ordered a presentence investigation report with the sentencing date to be set after the completion of that report. Today's announcement was made by U.S. Attorney Sarah R. Saldana of the Northern District of Texas.

According to documents filed in the case, Wright was employed by Bank of America in Lubbock, as a Branch Manager at the 5144 82nd Street location. The factual resume states that Wright was a member of the Board of Deacons and Trustee at Community Baptist Church (CBC) in Lubbock. Beginning in May 2006 and continuing to January 24, 2010, Wright used his position as a Bank of America employee to embezzle funds owned by CBC and entrusted to the custody and care of Bank of America. He employed a variety of methods to embezzle the funds, including embezzling from CBC's Certificates of Deposits held at the bank; making cash withdrawals from CBC's accounts using debit (withdrawal) tickets; and fraudulently drawing checks on CBC's checking account.

The case was investigated by the FBI and the Lubbock Police Department. Assistant U.S. Attorney Amanda R. Burch is in charge of the prosecution.

  • Local News on KCBD.comNewsMore>>

  • Saudi women in driver's seat as longstanding ban is lifted

    Saudi women in driver's seat as longstanding ban is lifted

    Sunday, June 24 2018 4:24 AM EDT2018-06-24 08:24:57 GMT
    Monday, June 25 2018 2:26 AM EDT2018-06-25 06:26:59 GMT
    (AP Photo/Nariman El-Mofty). Hessah al-Ajaji drivers her car down the capital's busy Tahlia Street after midnight for the first time in Riyadh, Saudi Arabia, Sunday, June 24, 2018. Saudi women are in the driver's seat for the first time in their countr...(AP Photo/Nariman El-Mofty). Hessah al-Ajaji drivers her car down the capital's busy Tahlia Street after midnight for the first time in Riyadh, Saudi Arabia, Sunday, June 24, 2018. Saudi women are in the driver's seat for the first time in their countr...

    Saudi women steered their way through busy streets for the first time just minutes after the world's last remaining ban on women driving was lifted.

    Saudi women steered their way through busy streets for the first time just minutes after the world's last remaining ban on women driving was lifted.

  • Prince William on historic Mideast trip, praises Jordan ties

    Prince William on historic Mideast trip, praises Jordan ties

    Sunday, June 24 2018 9:43 AM EDT2018-06-24 13:43:58 GMT
    Monday, June 25 2018 2:26 AM EDT2018-06-25 06:26:41 GMT
    Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories. (Source: CNN)Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories. (Source: CNN)

    Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories.

    Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories.

  • US prosecutors cancel Stormy Daniels meeting in Cohen probe

    US prosecutors cancel Stormy Daniels meeting in Cohen probe

    Sunday, June 24 2018 9:15 PM EDT2018-06-25 01:15:00 GMT
    Monday, June 25 2018 2:25 AM EDT2018-06-25 06:25:09 GMT
    Monday's interview with prosecutors from the U.S. attorney's office in Manhattan is in preparation for a possible grand jury appearance as they work to assemble a case against Trump's longtime personal lawyer, Michael Cohen, the person said. (Source: CNN)Monday's interview with prosecutors from the U.S. attorney's office in Manhattan is in preparation for a possible grand jury appearance as they work to assemble a case against Trump's longtime personal lawyer, Michael Cohen, the person said. (Source: CNN)

    Porn actress Stormy Daniels will meet with federal prosecutors in New York who are investigating President Donald Trump's former personal attorney.

    Porn actress Stormy Daniels will meet with federal prosecutors in New York who are investigating President Donald Trump's former personal attorney.

Powered by Frankly