Five people with ties to Kodiak, Alaska have been indicted on charges of wire fraud related to the embezzlement of almost $500,000 from Trident Seafoods.
US Attorney Karen Loeffler made the announcement Oct. 1 in Anchorage.
According to the indictment, one of the five used her position as a bookkeeper for Trident in Kodiak to write Trident checks to the other four from January 2008 through August 2010. The allegations say the bookkeeper used her check writing authority with Trident to draft some 52 checks on a Trident account and made them payable to those four, as well as to her minor son.
The five adults shared the proceeds of the checks, the indictment alleges.
It is further alleged that the bookkeeper concealed the fraud by creating fraudulent accounting records so that the payments appeared to be legitimate.
Assistant US Attorney Aunnie Steward, who presented the case to the grand jury, indicated that the law provides for a maximum total sentence of 20 years in prison, a $250,000 fine or both for each count, as well as restitution of the embezzled funds.
The actual sentence imposed would be based on the seriousness of the offenses and the prior criminal history, if any, of the defendants.
The Federal Bureau of Investigation and the Kodiak Police Department assisted in investigating the case.