Five people have been arrested in connection with an embezzlement scheme from Trident Seafoods, a harvester and marketer of seafood in Anchorage, Alaska.
Isairis Wolfe, Jeremy Smith, Jamie Fathke, Valerie Olivares and Anne Wilson have been indicted by a grand jury on charges of wire fraud and are awaiting trial. Prosecutors allege that Wolfe, who served as the bookkeeper for Trident, managed to steal nearly $500,000 from her employer by writing checks to the other four defendants from the company's bank accounts. Some payments were even made to the underage son of one of the people involved. The accounts payable audit found that approximately 52 checks were made out, and money would then be given to Wolfe from the individuals. Wolfe was able to cover up the illegal activity by creating false entries into Trident's financial records, which made it look as though the funds were going toward business-related expenses. The scheme took place between January 2008 and August 2010.
Each defendant is facing up to 20 years in prison as well as a $250,000 fine. The embezzled amount is also expected to be paid back in restitution by the individuals. The Federal Bureau of Investigation and the Kodiak Police Department worked together on the case.