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Louisville Couple Guilty Of Wire Fraud

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U.S. Attorney's Office
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LOUISVILLE, Ky. - A Jefferson County, Kentucky, couple pleaded guilty in United States District Court yesterday, before Chief Judge Joseph H. McKinley, Jr. to a single charge of wire fraud for their individual roles in a scheme to divert over $550,000.00 from the Iceland Sports Complex announced United States Attorney John E. Kuhn, Jr.

Glenn Christopher Richardson, 56, and Karen M. Richardson, 56, admitted that beginning no later than January of 2005, and continuing to about September of 2011, while employed at the Iceland Sports Complex, LLC, an ice skating rink located in Eastern Jefferson County, they created a bank account in the name of Karen Richardson, d/b/a Louisville Storm, for the purpose of diverting and concealing daily revenue from Iceland Sports Complex.

According to the plea agreement, the couple would deposit checks made out to Iceland into the Louisville Storm account. The couple concealed the use of these funds by creating and sending revenue statements to Iceland’s owners located in Michigan, which underreported the amount of Iceland Sports Complex’s daily revenue. The couple admitted using the diverted funds for their personal use and for use by their family.

At the time of sentencing, the United States will move for dismissal of counts 1-7 of the indictment. Sentencing before Chief Judge McKinley is scheduled for November 6, 2017, at 11:45 a.m. in Louisville.

This case is being prosecuted by Assistant United States Attorney Marisa J. Ford and is being investigated by the United States Secret Service.