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Seattle – In a brazen scheme that left a flooring company bankrupt and its co-owner with nothing but debt, former bookkeeper Jodi Hamrick has been sentenced to three years in prison for her role in embezzling over $400,000 from Gluth Contract Flooring.
According to records filed in the case and testimony at trial, Hamrick conspired with David M. Gluth, the co-owner of Gluth Contract Flooring, to steal from the company and defraud the silent partner who had put up the money for the business.
Between 2011 and 2016, Gluth and Hamrick raided the company accounts to pay for everything from a home mortgage, to luxury vacations, to Nordstrom bills. The two not only raided company funds, they also defrauded financial institutions by taking out loans without the knowledge or permission of the company’s co-owner.
The lies and deceit in this scheme involved forged signatures, forged documents, altered records, secret bank accounts, secret credit cards, false bookkeeping entries, and false statements in declarations and court filings. The evidence in the case included years of Skype instant messages between Hamrick and Gluth, showing the planning and execution of the fraud in minute detail.
U.S. District Judge Richard A. Jones highlighted the fact that Hamrick had stolen from an earlier employer but was not prosecuted for that theft. “You didn’t learn from it, you used it as an opportunity to get an advanced degree in theft,” Judge Jones said.
Hamrick will be on supervised release following prison for three years, and the court will determine how much restitution she must pay at a hearing scheduled for June 21, 2024. Her former co-conspirator, David M. Gluth, was sentenced in 2021 to two years in prison and agreed to a restitution figure of $325,000.
The case was investigated by the FBI and prosecuted by Assistant United States Attorney Michael Dion and Special Assistant United States Attorney Jessica M. Ly.
Hamrick’s scheme was a clear case of greed, with no justification or hardship to explain her actions. As Judge Jones noted, there was no excuse for her actions, and she will now face the consequences of her crimes.
Key Facts
- State: Washington
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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