Former Anchorage prosecutor sentenced for biggest wire fraud in state history

Former Anchorage resident and former municipal prosecutor Mark Avery was sentenced Monday for 160 months for the wire fraud and money laundering of about $52 million. This marks the largest wire fraud and money laundering conviction by amount ever prosecuted in Alaska.
Avery was convicted of three counts of wire fraud, six counts of money laundering, one count of bank fraud, and one count of making false statements to a bank. Of the $52 million that Avery laundered, $31 million wa