general counsel for Pacific Seafood.

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Former Pacific Seafood executive sentenced for embezzlement

July 25, 2017 Pacific

A former executive who embezzled hundreds of thousands of dollars from Pacific Seafood Group was sentenced Monday in federal court to two years in federal prison. Andrew Henry Jacobs, 50, spent 11 years at the family-owned company Pacific Seafood Group, rising to serve as vice president of employee leadership and development for the company’s 2,500-member staff. While receiving a six-figure salary, he spent at least his last four years embezzling money from the company, stealing an estimated $900,000, according to prosecutors. He was sentenced after pleading guilty to wire fraud and filing a false income tax return. Using a company credit card and the authority to issue corporate checks, he secretly diverted company funds to purchase electronics, jewelry, firearms, vacations and prostitution services, according to Assistant U.S. Attorney Ryan Bounds. He concealed his theft by doctoring receipts and invoices used to track expenses, according to the prosecutor. click here to read the story 11:08

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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