Jones Inlet Seafood Co., Executives plead guilty to committing fraud, falsifying records and violating the Lacey Act.

Jones Inlet Seafood Co., the company’s president, Michael G. Mihale and company vice president Bruce Larson Jr. admitted they underreported the amount of summer flounder they caught between June 2009 and December 2011 by 56,000 pounds, the Department of Justice announced. Read more here  10:33 From US Justice