Money laundering

March 28, 2007 - 12:29pm

In what is being described as the largest money-laundering investigation in Alaska’s history, Mark Avery, the former owner of Anchorage-based air charter and medevac operator Security Aviation, has pleaded guilty to embezzling more than $52 million from a charity organization. Avery, a trustee and lawyer for the May and Stanley Smith Charitable Trust, pleaded guilty on March 6 to five counts of wire fraud and 10 counts of money laundering.

February 1, 2007 - 9:11am

Two top executives of Tyler Jet L.L.C. pleaded guilty last month in Texas Eastern District Court on one count of money laundering in a scheme that cost banks, businesses and individuals across the country nearly $20 million.

According to the office of the U.S. Attorney, former president and CEO Timothy Beverley, 47, and former CFO Gregory Hopper, 49, were accused of wire fraud, bank fraud and money laundering.

 
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