Clyde Thomas Beard, 45, of Anchorage, Alaska, was sentenced to 21 months in prison for mail fraud for an embezzlement scheme that bilked NANA Services, LLC out of some $188,000 for whom he had served as chief financial officer. Nana Services is a subsidiary of the NANA Regional Corporation, which administers resources held by Alaska Natives in northwestern Alaska. Beard was fired in February 2008 after the scheme came to light and plead guilty to the charges in September 2009. Prosecutors had alleged that Beard used his position as a CFO to cover up his unauthorized use of corporate credit cards for multiple personal items, travel expenses, and cable bills. The scheme allegedly lasted from April 2005 to February 2008.
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