Tuesday, June 13, 2017

JK Publishing owner charged with theft from authors

Publisher theft from authors is quite frequently alleged, but very rarely true.  More often the apparently "missing" money stems from an author misunderstanding their contract or having inflated earnings expectation.

And then there is JK Publishing.

The owner of the erotic romance publisher, Jana Koretko, has just been charged with money laundering, felony theft and tax evasion. There seems to be good reason to suspect she skimmed over $125,000 from royalty payments owed to authors--and that sales reports from vendors were falsified to conceal the shortfall.  One author claims to be owed over $90,000 in missing royalties, from over a period of less than two years.

JK Publishing remains open to submissions. And while the numbers above suggest their books sell pretty well, it also seems pretty obvious that this press is not recommended.*

Note: there is more than one "JK Publishing", this post specifically references JK/Jana Koretko publishing based in Johnstown.