Lynn woman held on $5G bail, suspected of embezzling $200G

LYNN – A Lynn woman remained jailed Tuesday night after being eyed for stealing over $200,000 from her Ipswich employer.Tracy Sutley, 38, of 20 Isabella St., was arraigned Tuesday in Ipswich District Court where a judge set bail at $5,000, according to Essex District Attorney spokesman Steve O’Connell, who added that Sutley’s bail may have been increased since the morning arraignment.Ipswich police launched an investigation last month after her co-workers at Weir Valves and Controls, an industrial valve manufacturer, reported $62,748 in confirmed fraudulent charges were made to company accounts while another $150,000 in transactions were suspected to be fraudulent. At least 20 checks were allegedly forged by Sutley totaling $113,000.Workers first became suspicious after noticing $400 in personal expenses were charged to company accounts.O’Connell said authorities have charged Sutley with 20 counts each of forgery, passing a forged check, larceny and falsifying entries in corporate books.This isn’t the first time Sutley has been in trouble for stealing money. In 2000, she was convicted of stealing over $11,000 from residents at the Grosvenor Park Nursing Home in Salem.