Gavel (Courtesy photo)

Gavel (Courtesy photo)

Kenai dentist charged with 84 counts of tax evasion, fraud

The indictment was made public April 28 for Glenn and Saray Lockwood

The owners of Kenai Dental Clinic are facing 84 charges of tax evasion in the U.S. District Court for the District of Alaska, according to charging documents from the court case.

The indictment was made public April 28 for Glenn and Saray Lockwood, a married couple, who, according to the document, have owned the clinic since 1997.

The Lockwoods are charged with multiple counts of individual income tax evasion, conspiracy to defraud the United States, bankruptcy fraud, concealment of bankruptcy assets, false oath in bankruptcy, false bankruptcy declaration, fraudulent proof of claim in bankruptcy, conspiracy to commit wire fraud, wire fraud, conspiracy to commit money laundering and money laundering.

This isn’t the first time the duo has tangled with the IRS.

In October 2008, Glenn Lockwood was convicted of tax evasion for years 2000 to 2003, and in July 2015 the IRS notified the couple that some of their properties, including the Kenai clinic, would be seized and auctioned, the indictment says.

According to an article published in the Anchorage Daily News, Glenn Lockwood served five years in prison for some of his previous convictions, which included payments to offshore accounts and deducting personal expenses as business ventures.

The indictment states the pair has allegedly attempted to evade more than $3.5 million in taxes from 2013 to present.

According to the indictment, both Glenn and Saray Lockwood operate and are employees of the clinic in Kenai. The documents state that Kenai Dental has “generated substantial gross receipts for over two decades, typically ranging from approximately $1 million to $2 million per year.”

In addition, Glenn and Saray Lockwood received bonuses ranging from $22,000 to $70,000 per year, and in 2018 collectively received compensation from Kenai Dental Clinic totaling over half of a million dollars — $598,562, according to the court documents. The couple attempted to conceal their assets from the IRS and their bankruptcy creditors by forming an LLC and transferring assets to the company, the U.S. Department of Justice said in a release last week.

The couple faces a potential maximum of five years in prison for each count of tax evasion, conspiracy to defraud the United States, and bankruptcy fraud, as well as 20 years in prison for each count of wire fraud, conspiracy to commit wire fraud, money laundering, and conspiracy to commit money laundering, according to the release from the Department of Justice.

Reach reporter Camille Botello at camille.botello@peninsulaclarion.com.

More in News

Assembly President Brent Johnson asks questions of representatives of the Kenai Peninsula Borough School District during a joint work session of the School Board and Kenai Peninsula Borough Assembly in Soldotna, Alaska, on Tuesday, April 2, 2024. (Jake Dye/Peninsula Clarion)
Borough to enter contract for asbestos flooring abatement in 3 central peninsula schools

The work will be done at Kenai Central High, Kenai Alternative High and Sterling Elementary schools

Alaska State Troopers logo.
1 dead, 3 missing after boat capsizes near Seward

Alaska State Troopers were notified by the U.S. Coast Guard of an overturned vessel around 1:30 p.m. on Wednesday

Kenai Central High School stands under clear skies in Kenai, Alaska, on Thursday, May 23, 2024. (Jake Dye/Peninsula Clarion)
Borough approves contract for KCHS parking lot rehabilitation

Soldotna-based Foster Construction will be awarded the bid of $648,997 to complete the project

Central Peninsula Hospital is seen in Soldotna on Wednesday, Oct. 13, 2021. (Camille Botello/Peninsula Clarion)
Central Peninsula Hospital to host Cancer Survivor’s Day event

The event will take place Sunday, June 2 from 1 p.m. to 3 p.m.

Jake Dye/Peninsula Clarion
Rep. Ben Carpenter, R-Nikiski, speaks to the joint Soldotna and Kenai chambers of commerce at the Soldotna Regional Sports Complex on Wednesday.
Carpenter gives wrap up on session as he nears end of House term

Carpenter is seeking election to state Senate District D

(from left to right) Jachin Sanchez, Carter Lemons, Rowan Mahoney, Adelyn McCorison and Taylor Rickard graduated from Ninilchik School on Monday, May 13, 2024 in Ninilchik, Alaska. Photo provided by Mattea Peters-Williamson
Ninilchik graduates 5 in 2024 commencement

The school held the ceremony Monday, May 13

Kenai Peninsula Education Association President LaDawn Druce, left, and committee Chair Jason Tauriainen participate in the first meeting of the Kenai Peninsula Borough School District’s Four Day School Week Ad Hoc Committee on Wednesday, Jan. 10, 2024, in Soldotna, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
4-day school week committee adjourns

The committee will deliver recommendations to school board in July

Soldotna Elementary School Principal Dr. Austin Stevenson points out corroded insulation outside of the school building on Friday, Sept. 30, 2022 in Soldotna . (Ashlyn O’Hara/Peninsula Clarion)
Soldotna Elementary awaits action on approved bond

Almost two years after public OKs bond, borough asking for more time

Most Read