Former Houston treasurer sentenced in federal embezzlement case

The James M. Fitzgerald U.S. Courthouse & Federal Building successful downtown Anchorage connected Aug. 31, 2022. (Valerie Lake/Alaska Public Media)

A Willow man was sentenced to 30 months successful situation for embezzling money from nan Alaska metropolis of Houston and a Wasilla-based company, past dodging taxes connected nan money.

Jess Adams was besides ordered to service 3 years of supervised release, salary $1.5 cardinal successful restitution to nan United States and salary further restitution to Houston and nan instrumentality company.

According to tribunal documents, Adams embezzled money from nan metropolis authorities while he was its treasurer from 2015-2018 and was responsible for bookkeeping and had administrative entree to accounting package and records. Records show he made nonstop physics transfers betwixt nan city’s relationship and his individual relationship and disguised nan payments pinch mendacious entries that made them look for illustration morganatic business expenses successful nan city’s accounting records. He was placed connected administrative time off and resigned successful precocious 2018.

But a twelvemonth later, Adams utilized a akin method to embezzle while he was employed arsenic a bookkeeper astatine an instrumentality company, according to a news merchandise from nan U.S. Department of Justice. It said he utilized ligament transfers to launder nan money and that he did not declare immoderate of nan embezzled costs successful his taxation returns for 2016 done 2021.

Alaska State Troopers helped nan IRS Criminal Investigations section pinch nan case.