A former Alaska city treasurer was sentenced to 30 months in prison for embezzling more than $1 million from the City of Houston, Alaska, and from a Wasilla-based equipment company, and then evading taxes on the embezzled profits, the Justice Department announced Wednesday.
Jess Adams was entrusted with bookkeeping responsibilities and had administrative access to the city’s accounting records and software. The DOJ said Adams used this access to direct electronic transfers from the city’s bank account to a personal account in his name, which he maintained to hide the embezzled funds. Adams created fictitious entries in the city’s ...
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